International Unit Labour Cost Position Slightly Improved in 2008

In 2008, Austria ranked ninth in the international labour cost hierarchy. Labour was most expensive in Norway, Belgium, Switzerland and Sweden. As the Austrian economy was less affected by the global economic crisis than the economies of its trading partners, Austria's labour productivity and intern...

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Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:Austrian Economic Quarterly
Hauptverfasser: Werner Hölzl, Thomas Leoni, Christine Zulehner
Format: article
Sprache:Englisch
Veröffentlicht: 2009
Schlagworte:
Beschreibung
Zusammenfassung:In 2008, Austria ranked ninth in the international labour cost hierarchy. Labour was most expensive in Norway, Belgium, Switzerland and Sweden. As the Austrian economy was less affected by the global economic crisis than the economies of its trading partners, Austria's labour productivity and international unit labour cost position improved in 2008. A decline is expected in 2009.