Early Estimates of Quarterly Unit Labour Costs, March 2015, OECD

Page created: Friday, 20 March 2015 15:00GMT | Updated: Friday, 20 March 2015 15:08GMT

Press Release:  19 March 2015 - 6 Page(s)
Labour Costs   Unit Labour Costs

Unit labour costs (ULCs) in the OECD area rose by 0.5% in the fourth quarter of 2014, compared with 0.3% in the previous quarter, driven by a pick-up in compensation costs and slowing productivity growth. This OECD total however masks diverging patterns across economies, with ULC growth slowing in nearly half of the OECD countries.

Original title:  Early Estimates of Quarterly Unit Labour Costs