China Labour Costs - Forecast

Labour Costs in China is expected to be 105.00 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 China to stand at 105.30 in 12 months time. In the long-term, the China Labour Costs is projected to trend around 103.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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China Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.83 3.8 4 4 4.2 5
Employed Persons 77640 77690 77690 77740 77740 77820
Unemployed Persons 969 967 967 967 967 968
Labour Costs 105 105 102 105 105 103
Wages 74318 79500 79500 84100 84100 88300
Wages in Manufacturing 64452 69600 69600 74500 74500 79500
Minimum Wages 2420 2420 2420 2540 2540 2630
Population 1390 1398 1398 1407 1407 1415
Retirement Age Women 50 50 50 50 50 50
Retirement Age Men 60 60 60 60 60 60