EU Sources - Labour costs documented - February 28, 2018

In a first Review of 2018, DG Employment assesses the socio-economic development with detailed charts on employment, labour market participation and labour costs. The review highlights the economic growth in the EU combined with a positive economic outlook and with general improvements in the labour market. Chapter 5 (on income) signals that financial distress for low-income (lowest quartile) households appears to have continued to ease since 2015, but remains high when considering a longer period. In Chapter 6 (on labour costs and productivity), it is revealed that nominal compensation per employee (as measured in national currency) continued to grow at a moderate rate in most EU Member States. Bulgaria, Lithuania and Romania recorded the highest growth (8 % or more), while it was negative in Croatia and Finland.

Read on: in English …

For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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