International Unit Labour Cost Position Slightly Improved in 2008

Werner Hölzl, Thomas Leoni and Christine Zulehner

Austrian Economic Quarterly, 2009, vol. 14, issue 4, 193-204

Abstract: In 2008, Austria ranked ninth in the international labour cost hierarchy. Labour was most expensive in Norway, Belgium, Switzerland and Sweden. As the Austrian economy was less affected by the global economic crisis than the economies of its trading partners, Austria's labour productivity and international unit labour cost position improved in 2008. A decline is expected in 2009.

Keywords: Unit Labour Cost; manufacturing cost; Austria (search for similar items in EconPapers)
Date: 2009
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