EU sources -OECD: Unit labour costs up 0.5% in the first quarter of 2015 -June 23, 2015

Slight upturn in labour compensation costs with labour productivity growth holding steady at 0.2%. Check out the report.

Unit labour costs (ULCs) in the OECD area rose by 0.5% in the first quarter of 2015, the same rate as in the previous quarter. In the Euro area, ULCs increased (by 0.3% compared to 0.2% in the previous quarter), driven by a slight upturn in labour compensation costs (0.5% compared to 0.4%), with labour productivity growth holding steady at 0.2%. Labour productivity fell in the United Kingdom (minus 0.3%).

English: http://www.oecd.org/std/labour-stats/ULC_2015Q1_Eng.pdf    

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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