English, Article edition: International Unit Labour Cost Position Improved in 2004 Alois Guger

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Bookmark: http://trove.nla.gov.au/version/181354
Physical Description
  • article
Language
  • English

Edition details

Title
  • International Unit Labour Cost Position Improved in 2004
Author
  • Alois Guger
Physical Description
  • article
Notes
  • In the international hierarchy of labour costs Austria ranked ninth in 2004. Hourly labour costs were most expensive in Denmark, Norway and Germany. In 2004 one hour of blue-collar labour in Austrian manufacturing cost 20.80 €, hence 2.25 percent less than the average paid in the EU. With exchange-rates stabilised, lower wage inflation and high productivity growth, the relative unit labour cost position of Austrian manufacturing has improved by approximately 20 percent since the mid-1990s. In 2004 unit labour costs decreased by 3.5 percent; Austria also gained ground over its trading partners.
  • RePEc:wfo:wquart:y:2006:i:1:p:40-48
Language
  • English
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