Germany: labor costs are in the European average, according to the Hans-Böckler Foundation

Publication

14 June 2006 à 15h34

Updated on 26 March 2013 à 16h06

Reading time

3 minutes

Publication: 14 June 2006 à 15h34, Updated on 26 March 2013 à 16h06

Reading time: 3 minutes

Contrary to a widespread idea, Germany does not have the highest labor costs in Europe, but is in the average of EU countries, according to the Hans-Böckler Stiftung, foundation, close to trade unions. The results of its new study were commented on June 14 in Berlin. (Ref. 06607)

Publication

14 June 2006 à 15h34

Updated on 26 March 2013 à 16h06

Reading time

3 minutes

Publication: 14 June 2006 à 15h34, Updated on 26 March 2013 à 16h06

Reading time: 3 minutes

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German labor costs (which include, in this study, wages, the employers’ share in social security contributions and taxes linked to work) are even lower than those practiced in the majority of Northern and Western Europe. In 2004, German employers had to pay 26,22 euros for one working hour in the industrial and tertiary sectors; that is to say less than their counterparts in Denmark, Sweden, Belgium, Luxembourg, France, Netherlands and Finland, where one hour of work costs between 26,80...

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