Labour cost index, Slovenia, 1st quarter 2021
The highest annual increase in the labour costs in human health and social work activities
In the first quarter of 2021, the labour costs per hour worked in Slovenia increased by 11.4% over the same period a year before.
An 11.4% annual increase in the labour costs per hour worked
According to provisional data, in the first quarter of 2021 the labour costs per hour worked in Slovenia increased on average by 11.4% over the first quarter of 2020; in the same comparison wages per hour worked went up by 10.7%, while other labour costs per hour worked went up by 15.5%. For comparison, according to the monthly statistical survey on Earnings of Persons in Paid Employment by Legal Persons, in the same period average gross earnings per person in paid employment went up by 10.6%.
The highest annual increase in the labour costs per hour worked in human health and social work activities
Compared to the same period of 2020, in the first quarter of 2021 the labour costs per hour worked increased in all activities, the most in human health and social work activities (by 38.4%). Such a high increase of labour costs in human health and social work activities was among other things the result of payments of allowances related to the COVID-19 epidemic.
In the fourth quarter of 2020 the labour costs per hour worked in the EU-27 4.0% higher than a year before
According to Eurostat data as of 4 June 2021, compared to the fourth quarter of 2019 in the fourth quarter of 2020 the labour costs per hour worked (agriculture, forestry and fishing is excluded) increased in almost all EU Member States except in Ireland, in Malta, in Croatia and in Finland, where they decreased by 4.8%, 3.3%, 1.1% and 0.3%, respectively. They increased the most in Austria (by 11.7%) and in Bulgaria (by 9.9%). In the same comparison, the labour costs per hour worked in the EU-27 increased by 4.0% and in Slovenia by 3.7%.
Labour cost index, Slovenia
… not available Source: SURS | |||||||||||||||||||||||
Final data are expected to be published after the planned revision of the survey, probably by the end of 2022.