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June-Dec.-99 The Finnish EU Presidency           labourstart.gif (5948 bytes)

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The news service is sponsored by SAK, the largest central trade union in Finland, and eleven of its 24 affiliated unions.

Finnish industry close to the EU average
- EU labour costs higher than in USA and Japan

(01.11.1999) In the European Union average hourly labour costs in industry in 1996 ranged from 6.1 ECU in Portugal to 26.5 ECU in Germany. Both the USA (17.4) and Japan (19.7) fell below EU-15 average of 20.2 ECU.

Labour costs accounted on average for some two-thirds of production costs of goods and services.

The Eurostat report says labour costs in Belgium, Austria and Sweden were close to Germany's at the top end of the range, with Finland and Luxembourg closest to the EU average. Costs in Ireland were more in line with southern countries - above Portugal and Greece but below Italy and Spain.

Denmark, Sweden and Finland had the most even distribution among the various industrial sectors.

  Hourly
labour
costs
in ECU
of which
direct
costs
(%)
of which
direct
remune-
ration (%)
of which
indirect
costs
(%)
of which
social
security
(%)
EU-15 20.2 73.7 n/a 26.3 23.6
Euro-zone 21.6 71.2 63.4 28.8 26.1
Austria 24.6 70.4 61.3 29.6 25.3
Belgium 25.8 67.4 55.5 32.6 30.8
Denmark 23.0 92.0 n/a   8.1   0.1
Finland 19.7 75.1 63.8 24.9 22.7
France 22.5 66.9 57.2 33.1 29.2
Germany 26.5 74.4 62.7 25.6 23.6
Greece   9.6 76.0 69.9 24.0 22.9
Ireland 13.8 83.5 73.2 16.5 13.6
Italy (1997) 17.2 66.0 65.5 34.0 31.0
Luxembourg 19.3 84.0 71.8 16.0 14.8
Netherlands 22.6 74.9 64.7 25.1 22.8
Portugal   6.1 75.3 69.1 24.8 20.8
Spain 14.9 73.6 73.5 26.4 25.0
Sweden (1997) 23.9 67.7 60.7 332.3 29.7
UK n/a n/a n/a n/a n/a

Source: Eurostat Statistics in Focus, Population and social conditions, no 10/99: "Labour costs 1996: Major disparities between the European Union countries