Compared to 2nd quarter of previous year, in the 2nd quarter of 2007 the average hourly labour costs (1) in the country increased by 31.6%, according to data of Central Statistical Bureau. Hourly labour costs in this period increased from 2.46 lats to 3.23 lats or by 78 santims per hour.
In the public sector(2) hourly labour costs in the 2nd quarter of this year were 4.01 lats and within a year they have increased 34.5% or by 1.03 lats per hour, in the private sector – 2.88 lats and the 31.2% increase or 69 santims per hour.
The main components of labour costs are gross wages and salaries and other labour costs(3). Gross wages and salaries per one hour in the 2nd quarter of this year was 2.57 lats and, compared to 2ndquarter of 2006, they have increased by 31.9% or 62 santims per hour. Other labour costs were 0.66 lats per hour and in this period they have increased by 30.4% or by 15 santims per hour.
In the 2nd quarter of 2007 gross wages and salaries per one hour in the public sector were 3.17 lats (increase over 2nd quarter of previous year – 31.5% or 82 santims per hour), but in private sector – 2.30 lats (increase over 2nd quarter of previous year – 35.1% or 55 santims per hour).
In the 2nd quarter of this year other labour costs in the public sector were 0.83 lats and, in comparison with 2nd quarter of 2006, they have increased by 32.6% or 21 santims per hour, but in private sector – 0.58 lats, comprising an increase of 30.0% or 13 santims per hour.