Labour Costs in China decreased to 103.20 points in the fourth quarter of 2019 from 104.20 points in the third quarter of 2019.

Labour Costs in China averaged 105.54 points from 2012 until 2019, reaching an all time high of 110.40 points in the first quarter of 2012 and a record low of 103.20 points in the fourth quarter of 2019. This page provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Labour Costs - values, historical data and charts - was last updated on October of 2020. source: National Bureau of Statistics of China

Labour Costs in China is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in China to stand at 103.00 in 12 months time. In the long-term, the China Labour Costs is projected to trend around 103.00 points in 2021, according to our econometric models.

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China Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
103.20 104.20 110.40 103.20 2012 - 2019 points Quarterly
NSA, CPPY=100

China Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.70 6.20 3.90 percent [+]
Employed Persons 77471.00 77586.00 77640.00 20729.00 Tens of Thousands [+]
Unemployed Persons 1005.00 957.00 1005.00 810.00 Tens of Thousands [+]
Labour Costs 103.20 104.20 110.40 103.20 points [+]
Wages 93383.00 84744.00 93383.00 445.00 CNY/Year [+]
Wages in Manufacturing 78147.00 72088.00 78147.00 597.00 CNY/Year [+]
Minimum Wages 2480.00 2480.00 2480.00 690.00 CNY/Month [+]
Population 1400.05 1395.38 1400.05 551.96 Million [+]
Retirement Age Women 50.00 50.00 50.00 50.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]