Growth in unit labour costs remained at 1.0% in OECD countries in first quarter of 2009
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14/08/2009 - Unit labour cost growth for the total economy remained largely steady for most OECD countries in the first quarter of 2009 as sharp falls in real output (gross domestic product at constant prices) due to the economic crisis were mostly offset by lower total labour costs. The rise in unit labour costs for the major seven economies was 0.9% and for the Euro area 1.6%. etc.
The next publication date of the OECD System of quarterly unit labour cost indexes will be on 13 November 2009.
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OECD Main Economic Indicators (MEI)