Labour Costs in European Union increased to 114.50 Index Points in the second quarter of 2018 from 106.60 Index Points in the first quarter of 2018. Labour Costs in European Union averaged 100.96 Index Points from 2008 until 2018, reaching an all time high of 114.50 Index Points in the second quarter of 2018 and a record low of 88.20 Index Points in the first quarter of 2008.

Labour Costs in European Union is expected to be 107.00 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 European Union to stand at 115.20 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 116.20 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 16626.00 16574.00 26589.00 16149.00 Thousand [+]
Long Term Unemployment Rate 3.00 3.20 5.30 2.40 percent [+]
Labour Costs 114.50 106.60 114.50 88.20 Index Points [+]
Labor Force Participation Rate 58.10 57.70 58.20 56.30 percent [+]
Part Time Employment 43379.70 43036.10 43379.70 31484.60 Thousand [+]
Population 512.60 511.52 512.60 406.73 Million [+]
Productivity 105.70 106.10 108.40 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 230485.50 227787.10 230485.50 213001.50 Thousand [+]
Employment Change 0.20 0.40 0.50 -0.70 percent [+]
Full Time Employment 181040.60 178906.00 182620.50 167296.10 Thousand [+]
Unemployment Rate 6.70 6.70 11.00 6.70 percent [+]
Wage Growth 2.60 2.70 3.60 0.90 percent [+]
Youth Unemployment Rate 15.30 15.30 24.00 15.10 percent [+]


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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
114.50 106.60 114.50 88.20 2008 - 2018 Index Points Quarterly
2012=100, WDA




Country Last Previous
Australia 102.20 Sep/18
Brazil 119.16 Oct/18
Canada 105.63 Sep/18
China 104.80 Sep/18
Euro Area 113.70 Jun/18
France 108.20 Sep/18
Germany 115.29 Sep/18
Italy 107.00 Jun/18
Mexico 82.30 Sep/18
Netherlands 115.30 Jun/18
Singapore 108.30 Sep/18
South Africa 150.80 Mar/18
South Korea 96.50 Jun/18
Spain 102.40 Jun/18
Turkey 166.66 Sep/18
United Kingdom 103.90 Jun/18
United States 109.05 Sep/18


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