Labour increased annually by 1.9% in euro area and 2.3% in EU
Shinelle Rouldson2022-03-22T13:26:22-05:00March 22, 2022 According to the statistical office of the European Union (Eurostat), euro area hourly labour cost increased by 1.9% during the fourth quarter of 2021, while EU hourly labour cost increased by 2.3% when compared to the same quarter of the previous year. The two main components used to determine labour costs are