Tagged: Labour

Euro area labour costs rose by 3.8% EU27 by 4.6%

Euro area labour costs rose by 3.8% EU27 by 4.6%

Total hourly labour costs in the euro area (EA15) rose by 3.8% in nominal terms in the year up to the fourth quarter of 2008, compared with 4.2% for the previous quarter. In the EU27, the annual rise was 4.6% up to the fourth quarter