Labour: Unit labour cost - quarterly indicators - early estimates (Edition 2022) | Main Economic Indicators

Main Economic Indicators

The Main Economic Indicators database includes a wide range of areas from 1961, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign finance, foreign trade, and balance of payments for OECD countries and non-member economies.

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Keywords: finance, MEI, trade, labour, leading indicators, sales, BOP, employment, labour cost, prices, earnings, balance of payments, main economic indicators, consumer opinion, production

ISSN: 20744021 (online)
https://doi.org/10.1787/mei-data-en

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Labour: Unit labour cost - quarterly indicators - early estimates (Edition 2022)

This database includes data on unit labour cost and productivity. Unit labour costs (ULCs) measure the average cost of labour per unit of output, calculated as the ratio of total labour costs to real output. Early estimates of quarterly (EEQ) ULCs cover total economy and are obtained by multiplying compensation of employees with a self-employment ratio.

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Keywords: labour cost, early estimate, ULC, quarterly, MEI

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