Publication
Quality - Report - Labour Cost Index
Date January 21, 2011
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Quality - Report - Labour Cost Index
The labour cost index is not based on a survey of its own. To compile the index, existing statistics are rather combined in a complex calculation system. The basic parameter of the calculation is “labour costs per hour worked”. The labour cost index reflects the quarterly development of total labour costs for all employees. It provides the opportunity of differentiation: On the one hand, the development of labour costs can be presented in a breakdown by economic sectors and sections.