Estonia records largest hourly labor costs increase in EU ({{commentsTotal}})


According to Eurostat, hourly labor costs in the EU in 2014 ranged from 3.8 euros in Bulgaria to 40.3 euros in Denmark.

Labor costs are made up of wages and salaries and non-wage costs such as employer's social contributions.

Average hourly labor costs in the EU were 24.6 euros and in the euro area (EA) 29.2 euros, Eurostat reports. In Estonia it was 9.8 euros, 6.6 percent up from 9.2 euros in 2013. In the past ten years, the amount has more than doubled (4.3 euros in 2004). Of the 9.8 euros, non-wage costs to the employer made up 26.3 percent.

The average non-wage costs in the EU were a slightly lower 24.4 percent. They are highest in France (33.1 percent) and Sweden (31.6 percent), and lowest in Malta (6.9 percent) and Denmark (13.1 percent).

Whereas in the EU and EA the highest average labor costs are in the industry sector (25.5 and 32 euros respectively), in Estonia it's the construction sector workers who earn the most (11.5 euros), followed by service (10.4) and business (10.2) sectors.

Editor: M. Oll

+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long

Independence Day: Estonia’s way into the future isn’t a race

There is a lack of connection between the Estonian state, and the people who live here. While it expects a lot of the state, Estonian society doesn’t seem ready to contribute, writes Viktor Trasberg.

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.