Home breadcru News breadcru Association/Org breadcru Changes in labour costs in Q2 of 2007

Changes in labour costs in Q2 of 2007

20 Sep '07
3 min read

In the 2nd quarter of 2007, the highest hourly labour costs were in financial intermediation – 6.94 lats, in public administration and defence; compulsory social security - 5.06 lats, in electricity, gas and water supply – 4.97 lats.

Compared to the 2nd quarter of previous year, the highest increase was in public, social and personal activities – by 41% or by 83 santims per hour, in agriculture, hunting and forestry – by 40.6% or by santims per hour, health and social care - by 38.9% or by 93 santims per hour.

In the second quarter of 2007 within the regions the highest labour costs were in Riga – 3.63 lats per hour, as well as in the region of Pieriga – 3.14 lats.

Compared to 2nd quarter of previous year hourly labour costs most rapidly increased in the regions of Kurzeme and Zemgale –respectively by 36.3% and 34.8%, but the lowest increase was in the region of Latgale – by 30.4%.

To compare the data of the first and second quarters of this year, it should be highlighted, that average hourly labour costs in the country have increased by 16.1%, of which gross wages and salaries – by 17.1%, other labour costs – by 12.6%.

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Central Statistical Bureau of Latvia

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