Labour Costs in European Union increased to 110.70 Index Points in the second quarter of 2019 from 102.60 Index Points in the first quarter of 2019. Labour Costs in European Union averaged 96.70 Index Points from 2009 until 2019, reaching an all time high of 110.70 Index Points in the second quarter of 2019 and a record low of 84.10 Index Points in the first quarter of 2009.

Labour Costs in European Union is expected to be 112.68 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 105.27 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 15613.00 15586.00 26614.00 15586.00 Thousand [+]
Long Term Unemployment Rate 2.70 2.80 5.30 2.40 percent [+]
Labour Costs 110.70 102.60 110.70 84.10 Index Points [+]
Unemployment Rate 6.30 6.30 11.00 6.30 percent [+]
Wage Growth 3.10 2.90 3.60 0.90 percent [+]
Youth Unemployment Rate 14.30 14.20 24.00 14.20 percent [+]
Labor Force Participation Rate 57.90 58.10 58.20 56.30 percent [+]
Part Time Employment 43256.20 43046.00 43395.50 31484.60 Thousand [+]
Population 512.38 511.37 512.38 406.73 Million [+]
Productivity 106.40 105.50 108.90 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 232104.10 213005.80 Thousand [+]
Employment Change 0.30 0.30 0.50 -0.70 percent [+]
Full Time Employment 180946.00 182089.80 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
110.70 102.60 110.70 84.10 2009 - 2019 Index Points Quarterly
2016=100, WDA




Country Last Previous
Australia 105.10 Jun/19
Brazil 117.56 Jul/19
Canada 108.85 Jun/19
China 104.30 Jun/19
Euro Area 110.50 Jun/19
France 107.60 Jun/19
Germany 108.22 Jun/19
Italy 111.90 Jun/19
Mexico 94.90 Jun/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 104.80 Jun/19
Turkey 200.63 Jun/19
United Kingdom 105.50 Mar/19
United States 111.98 Jun/19


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