Name: European Union Labour Costs
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: European Union,Labour Costs,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Labour Costs in European Union decreased to 118.70 points in the third quarter of 2025 from 126.20 points in the second quarter of 2025. Labour Costs in European Union averaged 94.70 points from 2009 until 2025, reaching an all time high of 126.20 points in the second quarter of 2025 and a record low of 74.40 points in the first quarter of 2009. source: EUROSTAT

Labour Costs in European Union is expected to be 119.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Labour Costs is projected to trend around 124.71 points in 2027 and 127.58 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Employed Persons	208736.00	208317.00	Thousand	Sep 2025
Employment Change	0.20	0.10	percent	Dec 2025
Full Time Employment	166837.50	165997.90	Thousand	Sep 2025
Labor Force Participation Rate	75.90	75.80	percent	Sep 2025
Labour Costs	118.70	126.20	points	Sep 2025
Long Term Unemployment Rate	1.80	1.90	percent	Sep 2025
Part Time Employment	35384.60	36121.30	Thousand	Sep 2025
Population	450.38	449.31	Million	Dec 2025
Productivity	106.85	106.86	points	Sep 2025
Unemployed Persons	13043.00	13137.00	Thousand	Dec 2025
Unemployment Rate	5.90	5.90	percent	Dec 2025
Wage Growth	3.00	3.80	percent	Sep 2025
Youth Unemployment Rate	14.70	14.90	percent	Dec 2025

European Union Labour Costs

The Labour Cost Index in the European Union is a short-term indicator showing the development of hourly labour costs incurred by employers, in nominal terms, that is without adjusting for price developments. It is calculated dividing the labour cost in national currency by the number of hours worked. The quarterly changes in hourly employers’ costs are measured for total labour costs and its main components: wages and salaries; and non-wage costs (labour costs other than wages and salaries). Total labour costs (TOT) cover wage and non-wage costs less subsidies. They do not include vocational training costs or other expenditures such as recruitment costs, spending on working clothes, etc.