International Unit Labour Cost Position in Manufacturing Deteriorated in 2016
WIFO Bulletin, 2017, 22(15), S.143-154
Online seit: 18.12.2017 0:00
According to recent data, the Austrian economy experienced a deterioration in its international unit labour cost position
for goods manufacturing in 2016, compared to the weighted average of its global trading partners, as well as in comparison
to the EU trading partners and to Germany. This was mostly due to a higher rise in labour costs in Austria. In the long term,
the Austrian unit labour cost position was comparatively stable, with a negative trend since 2013.
Forschungsbereich:Industrieökonomie, Innovation und internationaler Wettbewerb – Arbeitsmarkt, Einkommen und soziale Sicherheit