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Hourly labor cost up 19.4 percent in Q3

Publicat la 24.11.2008, 14:17:00

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Hourly labor cost up 19.4 percent in Q3

During April-June, the quarterly growth was 9.14 percent. The main components of the hourly labor cost index are salary (direct) expenses and non-salary expenses (indirect expenses). Compared to Q2, significant increase of this index was registered in education (12.47 percent), extraction industry (8.8 percent) and public administration (7.78 percent). Decline was registered in brokerage (7.65 percent) and healthcare and social assistance (2.48 percent). (NewsIn)
 

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