Labour Costs in European Union decreased to 109.50 Index Points in the third quarter of 2018 from 114.60 Index Points in the second quarter of 2018. Labour Costs in European Union averaged 101.16 Index Points from 2008 until 2018, reaching an all time high of 114.60 Index Points in the second quarter of 2018 and a record low of 88.20 Index Points in the first quarter of 2008.

Labour Costs in European Union is expected to be 107.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in European Union to stand at 115.60 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 116.90 Index Points in 2020, according to our econometric models.

European Union Labour Costs
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European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15907.00 16012.00 26608.00 15907.00 Thousand [+]
Long Term Unemployment Rate 2.80 3.00 5.30 2.40 percent [+]
Labour Costs 109.50 114.60 114.60 88.20 Index Points [+]
Unemployment Rate 6.40 6.50 11.00 6.40 percent [+]
Wage Growth 2.70 2.80 3.60 0.90 percent [+]
Youth Unemployment Rate 14.50 14.60 24.00 14.50 percent [+]
Labor Force Participation Rate 58.20 58.10 58.20 56.30 percent [+]
Part Time Employment 42491.90 43379.70 43379.70 31484.60 Thousand [+]
Population 512.60 511.52 512.60 406.73 Million [+]
Productivity 108.90 105.70 108.90 83.70 Index Points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Employed Persons 231342.70 232070.40 232070.40 213001.50 Thousand [+]
Employment Change 0.30 0.20 0.50 -0.70 percent [+]
Full Time Employment 183369.10 181040.90 183369.10 167303.60 Thousand [+]


European Union Labour Costs

This page provides - European Union Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Labour Costs - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
109.50 114.60 114.60 88.20 2008 - 2018 Index Points Quarterly
2012=100, WDA




Country Last Previous
Australia 103.60 Dec/18
Brazil 113.52 Mar/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 85.70 Feb/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 103.10 Dec/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.69 Mar/19


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