Labour: Unit labour cost - quarterly indicators - early estimates (Edition 2016)

This database includes data on unit labour cost and productivity. Unit labour costs (ULCs) measure the average cost of labour per unit of output, calculated as the ratio of total labour costs to real output. Early estimates of quarterly (EEQ) ULCs cover total economy and are obtained by multiplying compensation of employees with a self-employment ratio.


Keywords: early estimate, MEI, ULC, labour cost, quarterly