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Austria's Unit Labour Cost Position Improved in 2010 Due to the Recovering Economy

Stefan Ederer and Werner Hölzl ()

Austrian Economic Quarterly, 2011, vol. 16, issue 4, 206-217

Abstract: Austria's unit labour cost position improved thanks to the recovering economy and the related increase in productivity. Per-capita labour costs increased only slightly in manufacturing, while labour productivity per employee saw a greater rise. In general, unit labour costs in Austrian manufacturing developed slightly less favourably than among the EU trading partners and Germany. A look at the developments during the past five to ten years provides deeper insights due to business cycle-related temporary effects.

Keywords: Unit; Labour; Cost (search for similar items in EconPapers)
Date: 2011
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