Labour Costs in the United States increased to 122.24 points in the first quarter of 2025 from 120.57 points in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CO: Unit Labour Costs: Employment Based: USD Exchange Rate Adjusted: Index data was reported at 91.279 2015=100 in 2021. This records a decrease from the previous number of 98.771 2015=100 for 2020. CO: Unit Labour Costs: Employment Based: USD Exchange Rate Adjusted: Index data is updated yearly, averaging 98.771 2015=100 from Dec 2015 (Median) to 2021, with 7 observations. The data reached an all-time high of 108.194 2015=100 in 2018 and a record low of 91.279 2015=100 in 2021. CO: Unit Labour Costs: Employment Based: USD Exchange Rate Adjusted: Index 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 Colombia – Table CO.OECD.PDB: Unit Labour Costs: OECD Member: Annual.

In March 2025, China's monthly labor cost index ranged at ** index points. This was up from **** points in the previous month.

Labour Costs in China decreased to 59.40 points in April from 63 points in March of 2025. This dataset provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in Croatia decreased to 155.61 points in the first quarter of 2025 from 155.77 points in the fourth quarter of 2024. This dataset provides - Croatia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico Unit Labour Costs: Index data was reported at 153.807 2015=100 in 2022. This records an increase from the previous number of 141.759 2015=100 for 2021. Mexico Unit Labour Costs: Index data is updated yearly, averaging 96.662 2015=100 from Dec 2005 (Median) to 2022, with 18 observations. The data reached an all-time high of 153.807 2015=100 in 2022 and a record low of 69.230 2015=100 in 2005. Mexico Unit Labour Costs: Index 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 Mexico – Table MX.OECD.PDB: Unit Labour Costs: OECD Member: Annual.

In 2018, manufacturing labor costs in China were estimated to be 5.51 U.S. dollars per hour. This is compared to an estimated 4.45 U.S. dollars per hour in Mexico, and 2.73 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 10 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 three U.S. dollars in 2018, hourly wages in the U.S. manufacturing sector hovered around 27 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.

Labour Costs in Mexico decreased to 138 points in March from 139.90 points in February of 2025. This dataset provides - Mexico Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average hourly labor cost in the European Union in 2023 was 31.8 euros, with the highest average among EU member states ranging from 53.9 euros in Luxembourg, to approximately nine euros in Bulgaria.

Labour Costs in the United Kingdom increased to 115.80 points in the fourth quarter of 2024 from 113 points in the third quarter of 2024. This dataset provides the latest reported value for - United Kingdom Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Chile Labour Cost data was reported at 5,611.070 CLP in Apr 2019. This records an increase from the previous number of 5,576.160 CLP for Mar 2019. Chile Labour Cost data is updated monthly, averaging 5,177.215 CLP from Jan 2016 (Median) to Apr 2019, with 40 observations. The data reached an all-time high of 5,611.070 CLP in Apr 2019 and a record low of 4,791.450 CLP in Feb 2016. Chile Labour Cost data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.G031: Hourly Remuneration and Labour Cost.

Colombia CO: Unit Labour Costs: Employment Based: Index: Construction data was reported at 192.260 2015=100 in 2022. This records a decrease from the previous number of 213.510 2015=100 for 2021. Colombia CO: Unit Labour Costs: Employment Based: Index: Construction data is updated yearly, averaging 123.245 2015=100 from Dec 2015 (Median) to 2022, with 8 observations. The data reached an all-time high of 213.510 2015=100 in 2021 and a record low of 100.000 2015=100 in 2015. Colombia CO: Unit Labour Costs: Employment Based: Index: Construction 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 Colombia – Table CO.OECD.PDB: Unit Labour Costs: by Industry: OECD Member: Annual.

Labour Costs In the Euro Area increased to 122.80 points in the fourth quarter of 2024 from 112.10 points in the third quarter of 2024. This dataset provides the latest reported value for - Euro Area Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Japan JP: Unit Labour Cost data was reported at 1.157 Index, 2015 in 2025. This records an increase from the previous number of 1.127 Index, 2015 for 2024. Japan JP: Unit Labour Cost data is updated yearly, averaging 1.046 Index, 2015 from Dec 1960 (Median) to 2025, with 66 observations. The data reached an all-time high of 1.209 Index, 2015 in 1994 and a record low of 0.195 Index, 2015 in 1960. Japan JP: Unit Labour Cost 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 Japan – Table JP.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. ULC - Unit labour cost in total economyIndex, OECD reference year OECD calculation, see OECD Economic Outlook database documentation

Lithuania LT: Unit Labour Cost data was reported at 2.015 Index, 2015 in 2025. This records an increase from the previous number of 1.927 Index, 2015 for 2024. Lithuania LT: Unit Labour Cost data is updated yearly, averaging 0.906 Index, 2015 from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 2.015 Index, 2015 in 2025 and a record low of 0.429 Index, 2015 in 1995. Lithuania LT: Unit Labour Cost 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 Lithuania – Table LT.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. ULC - Unit labour cost in total economyIndex, OECD reference year OECD calculation, see OECD Economic Outlook database documentation

Labour Costs in Germany increased to 119.30 points in the fourth quarter of 2024 from 117.20 points in the third quarter of 2024. This dataset provides the latest reported value for - Germany Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Korea Unit Labour Cost data was reported at 1.224 Index, 2015 in 2025. This records an increase from the previous number of 1.204 Index, 2015 for 2024. South Korea Unit Labour Cost data is updated yearly, averaging 0.672 Index, 2015 from Dec 1970 (Median) to 2025, with 56 observations. The data reached an all-time high of 1.224 Index, 2015 in 2025 and a record low of 0.029 Index, 2015 in 1970. South Korea Unit Labour Cost 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 South Korea – Table KR.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. ULC - Unit labour cost in total economyIndex, OECD reference year OECD calculation, see OECD Economic Outlook database documentation

Labour Costs in Poland increased to 170.93 points in the first quarter of 2025 from 153.23 points in the fourth quarter of 2024. This dataset provides - Poland Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Peru Unit Labour Costs: Employment Based: Index: Industry including Energy data was reported at 110.980 2015=100 in 2021. This records a decrease from the previous number of 115.210 2015=100 for 2020. Peru Unit Labour Costs: Employment Based: Index: Industry including Energy data is updated yearly, averaging 100.710 2015=100 from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 115.210 2015=100 in 2020 and a record low of 88.740 2015=100 in 2007. Peru Unit Labour Costs: Employment Based: Index: Industry including Energy 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 Peru – Table PE.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

Luxembourg LU: Unit Labour Cost data was reported at 1.473 Index, 2015 in Dec 2025. This records an increase from the previous number of 1.464 Index, 2015 for Sep 2025. Luxembourg LU: Unit Labour Cost data is updated quarterly, averaging 0.745 Index, 2015 from Mar 1985 (Median) to Dec 2025, with 164 observations. The data reached an all-time high of 1.473 Index, 2015 in Dec 2025 and a record low of 0.441 Index, 2015 in Sep 1986. Luxembourg LU: Unit Labour Cost 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 Luxembourg – Table LU.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Quarterly. ULC - Unit labour cost in total economyIndex, OECD reference year OECD calculation, see OECD Economic Outlook database documentation