Annual growth in labour cost at 3.0% in euro area and 3.3% in EU
Shinelle Rouldson2021-03-19T12:51:51-05:00March 19, 2021 According to the statistical office of the European Union ( Eurostat), euro area hourly labour cost increased by 3% during the fourth quarter of 2020, while EU hourly labour cost increased by 3.3% when compared to the same quarter of the previous year. It was noted that there was an increase of