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
Forschungsbereich:Industrie-, Innovations- und internationale Ökonomie – Makroökonomie und öffentliche Finanzen