Labour Costs in European Union decreased to 102.50 Index Points in the first quarter of 2019 from 110.30 Index Points in the fourth quarter of 2018. Labour Costs in European Union averaged 96.35 Index Points from 2009 until 2019, reaching an all time high of 110.30 Index Points in the fourth quarter of 2018 and a record low of 84.10 Index Points in the first quarter of 2009.

Labour Costs in European Union is expected to be 117.69 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 112.46 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 118.38 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 15653.00 15802.00 26608.00 15653.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.80 5.30 2.40 percent [+]
Labour Costs 102.50 110.30 110.30 84.10 Index Points [+]
Unemployment Rate 6.30 6.40 11.00 6.30 percent [+]
Wage Growth 2.70 3.00 3.60 0.90 percent [+]
Youth Unemployment Rate 14.30 14.20 24.00 14.20 percent [+]
Labor Force Participation Rate 58.10 58.20 58.20 56.30 percent [+]
Part Time Employment 43046.00 42508.50 43395.50 31484.60 Thousand [+]
Population 512.60 511.52 512.60 406.73 Million [+]
Productivity 105.50 108.90 108.90 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 230356.80 231342.70 232070.40 213001.50 Thousand [+]
Employment Change 0.30 0.20 0.50 -0.70 percent [+]
Full Time Employment 182089.80 183385.30 183385.30 167303.40 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
102.50 110.30 110.30 84.10 2009 - 2019 Index Points Quarterly
2016=100, WDA




Country Last Previous
Australia 103.80 Mar/19
Brazil 116.60 May/19
Canada 108.49 Mar/19
China 104.30 Mar/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 85.70 Feb/19
Netherlands 105.20 Mar/19
Singapore 110.80 Mar/19
South Africa 156.20 Dec/18
South Korea 103.10 Dec/18
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 108.71 Mar/19


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