Unit labour costs rise strongly across OECD economies in second quarter 2009
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13/11/2009 - Unit Labour Costs (ULC) for the total economy grew 0.8% in OECD countries in the second quarter of 2009 and rose 3.6% year-on-year. The strong growth was largely driven by falls in real output (gross domestic product at constant prices) due to the crisis. etc.
The next publication date of the OECD System of quarterly unit labour cost indexes will be on 12 February 2010.
Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org; others should contact the Statistics Directorate on stat.contact@oecd.org.
Related Documents
OECD Main Economic Indicators (MEI)
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