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Labour Costs in China decreased to 59.90 points in June from 60.70 points in May of 2025. This dataset provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2018, manufacturing labor costs in China were estimated to be **** U.S. dollars per hour. This is compared to an estimated **** U.S. dollars per hour in Mexico, and **** U.S. dollars in Vietnam. Manufacturing jobs in the United States Many people in the United States believe manufacturing jobs to be the backbone of the U.S. economy, despite employment in the manufacturing sector decreasing since 1997, and the monthly change in manufacturing employment being highly variable. Although manufacturing added a value of about ** percent to the U.S. gross domestic product (GDP) in 2018, employment in the United States has been moving away from manufacturing to other means of employment. A difference in earnings Part of this steering away from manufacturing could be due to a difference in labor costs. While hourly wages in Vietnam were less than * U.S. dollars in 2018, hourly wages in the U.S. manufacturing sector hovered around ** U.S. dollars in 2018. The labor costs in the U.S. could simply be too high for companies, who look to countries such as China, Mexico, and Vietnam for cheaper labor.
In April 2025, China's monthly labor cost index ranged at **** index points. This was down from ** points in the previous month.
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China Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy data was reported at 97.921 2015=100 in 2025. This records a decrease from the previous number of 98.035 2015=100 for 2024. China Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy data is updated yearly, averaging 74.713 2015=100 from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 102.164 2015=100 in 2022 and a record low of 34.753 2015=100 in 1995. China Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Trade Statistics: Competitiveness Indicators In International Trade: Forecast: Non OECD Member: Annual. ULCDR - Indicator of competitiveness based on relative unit labour costs in total economyCompetitiveness-weighted relative unit labour costs for the overall economy in dollar terms. Competitiveness weights take into account the structure of competition in both export and import markets of the goods sector of 53 countries. An increase in the index indicates a real effective appreciation and a corresponding deterioration of the competitive position. Index, OECD reference year OECD calculation, see OECD Economic Outlook database documentation
This statistic shows manufacturing labor costs per hour for select countries around the world for the years 2002, 2015 and 2019. In 2019, manufacturing labor costs in China were projected to rise to 4.8 U.S. dollars per hour, up from 60 cents in 2002.
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Hong Kong HK: Labour Cost Index data was reported at 133.119 2010=100 in 2016. This records an increase from the previous number of 128.286 2010=100 for 2015. Hong Kong HK: Labour Cost Index data is updated yearly, averaging 91.817 2010=100 from Dec 1982 (Median) to 2016, with 35 observations. The data reached an all-time high of 133.119 2010=100 in 2016 and a record low of 26.804 2010=100 in 1982. Hong Kong HK: Labour Cost Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
According to a survey conducted among U.S. enterprises in China in 2022, 84 percent of companies believed labor costs would increase to varying extents. The resources & industrial sector as well as Tech and R&D expected the largest increases, with 95 and 86 percent of companies respectively anticipating costs per employee rising by 5 percent or more.
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This dataset provides values for LABOUR COSTS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Forecast: R&D Labour Costs for Internal R&D Personnel in China 2024 - 2028 Discover more data with ReportLinker!
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Graph and download economic data for Share of Labour Compensation in GDP at Current National Prices for China (LABSHPCNA156NRUG) from 1952 to 2019 about compensation, China, labor, and GDP.
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Key information about China Labour Productivity Growth
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China Convenience Store Climate Index: Store: Labour Cost data was reported at 40.200 % in Sep 2018. This records an increase from the previous number of 29.600 % for Jun 2018. China Convenience Store Climate Index: Store: Labour Cost data is updated quarterly, averaging 35.100 % from Mar 2017 (Median) to Sep 2018, with 7 observations. The data reached an all-time high of 40.200 % in Sep 2018 and a record low of 29.600 % in Jun 2018. China Convenience Store Climate Index: Store: Labour Cost data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HSA: Convenience Store Climate Index.
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The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.
In 2019, the prices for labor and material in China's construction industry increased. Labor costs had an index value of 103.9, and material costs had an index value of 102.6. Over the years, expenditure for materials fluctuated, whereas the cost of labor increased continuously. It reflects a broader trend in China's labor market.
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Hong Kong HK: Wages Index: % Change data was reported at 3.889 % in 2016. This records a decrease from the previous number of 4.611 % for 2015. Hong Kong HK: Wages Index: % Change data is updated yearly, averaging 5.434 % from Dec 1982 (Median) to 2016, with 35 observations. The data reached an all-time high of 17.694 % in 1989 and a record low of -11.535 % in 2004. Hong Kong HK: Wages Index: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
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Wages in Manufacturing in China increased to 103932 CNY/Year in 2023 from 97528 CNY/Year in 2022. This dataset provides - China Average Yearly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Hong Kong HK: Wages Index data was reported at 134.602 2010=100 in 2016. This records an increase from the previous number of 129.563 2010=100 for 2015. Hong Kong HK: Wages Index data is updated yearly, averaging 92.329 2010=100 from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 134.602 2010=100 in 2016 and a record low of 14.334 2010=100 in 1981. Hong Kong HK: Wages Index data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.
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Hong Kong HK: Nominal Effective Exchange Rate Index: From Unit Labour Costs data was reported at 108.877 2010=100 in 2017. This records a decrease from the previous number of 110.088 2010=100 for 2016. Hong Kong HK: Nominal Effective Exchange Rate Index: From Unit Labour Costs data is updated yearly, averaging 106.235 2010=100 from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 122.558 2010=100 in 2001 and a record low of 94.803 2010=100 in 2011. Hong Kong HK: Nominal Effective Exchange Rate Index: From Unit Labour Costs data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong SAR – Table HK.IMF.IFS: Nominal and Real Effective Exchange Rate Index: Annual.
The cost of one hour of mechanic labor in automotive dealerships reached around 32 U.S. dollars in China in 2020. Hourly costs were overall similar, with less than 10 dollars of difference between the highest cost of labor in dealerships and the lowest cost in independent workshops.
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Labour Costs in Austria decreased to 134.31 points in the first quarter of 2025 from 146.91 points in the fourth quarter of 2024. This dataset provides - Austria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Labour Costs in China decreased to 59.90 points in June from 60.70 points in May of 2025. This dataset provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.