The hourly rate of labour varies between 3.5 and 39.3€
30th April 2012In 2011 hourly labour costs were estimated at 23.1€ on average in the business economy in the EU and at 27.6€ in the euro zone. However this average hides major differences between Member States, since hourly labour costs vary between 3.5€ and 39.3€. According to Eurostat estimates in 2011 the highest hourly labour costs were seen in Belgium (39.3€), Luxembourg (33.7€), the Netherlands (31.1€) as well as in Germany (30.1€) and the lowest were in Bulgaria (3.5€), Romania (4.2€ in 2010), in Lithuania (5.5€) and in Latvia (5.9€).
Read