Labour cost index

Producer:	Statistics Finland
Data:	Latest release: Private sector cost of an hour worked increased by 3,9 per cent in October to December year-on-year 11 Mar 2022 According to Statistics Finland, private sector labour costs increased by 3.9 per cent in October to December 2021 when compared with the respective period of the year before. Seasonally adjusted labour costs went up by 3.7 per cent in October to December 2021. In the fourth quarter of 2021, the number of working days was the same as in the corresponding period of 2020.
Description:	The labour cost index measures the quarterly change in average labour costs per hour worked. The statistics cover almost the whole private sector as well as the central government and local government sectors. Excluded from the statistics are agriculture, forestry and fishing. In addition to the actual labour cost index, the labour cost index includes three complementing indices: the index of wage costs, the index of social costs and the labour cost index without one-off and extraordinary cost components. Read full description >>>
Keywords:	costs, indices, industries, labour cost index, labour costs, private sector, social security contributions, wages and salaries. Statistics by keywords >>>
Change:	Base year of the Labour Cost Index changes 07 Jun 2019 The new base year of the Labour Cost Index is 2016.

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. Helsinki: Statistics Finland [referred: 18.12.2024].
Access method: http://www.stat.fi/til/tvki/index_en.html