European Union Labour Costs

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 119.40 points in the first quarter of 2026 from 128.90 points in the fourth quarter of 2025. Labour Costs in European Union averaged 95.60 points from 2009 until 2026, reaching an all time high of 128.90 points in the fourth 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 130.24 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 137.01 points in 2027 and 140.16 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Employed Persons	208422.00	208736.00	Thousand	Dec 2025
Employment Change	0.00	0.20	percent	Mar 2026
Full Time Employment	165916.00	166714.80	Thousand	Dec 2025
Labor Force Participation Rate	75.60	75.90	percent	Dec 2025
Labour Costs	119.40	128.90	points	Mar 2026
Long Term Unemployment Rate	1.90	1.80	percent	Dec 2025
Part Time Employment	35860.70	35379.60	Thousand	Dec 2025
Population	450.65	449.49	Million	Dec 2025
Productivity	106.92	106.79	points	Mar 2026
Unemployed Persons	13238.00	13375.00	Thousand	Apr 2026
Unemployment Rate	6.00	6.00	percent	Apr 2026
Wage Growth	3.40	3.70	percent	Dec 2025
Youth Unemployment Rate	15.10	15.60	percent	Apr 2026

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.