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Labour turnover and labour costs across Europe

Annual percentage change

Country/Region LT
2008 Q2
LC
2008 Q2
LC
2008 Q3
Comp 2009
(forecast)
EU27 4.8 3.4 4.1 -
Austria 4.6 - - 2.6
Belgium 3.7 4.6 - 2.6
Bulgaria 5.2 21.9 19.4 10.9
Cyprus 5.4 6.7 6.0 5.7
Czech Republic 2.5 7.6 4.3 5.4
Denmark 8.1 3.2 4.0 3.9
Estonia 4.6 16.8 13.1 4.3
Finland 9.1 6.1 6.7 4.3
France 6.3 2.7 2.9 2.1
Germany 4.3 0.7 2.5 2.2
Greece 2.6 - - 6.7
Hungary 3.1 7.6 7.9 3.5
Ireland 5.1 1.8 - 0.9
Italy 3.7 2.4 - 1.9
Latvia 6.6 24.8 20.5 1.0
Lithuania 4.7 18.2 15.3 3.8
Luxembourg 2.4 3.8 3.3 2.3
Malta 3.4 1.8 2.8 3.0
Netherlands 2.1 4.4 - 3.3
Poland 4.8 10.0 9.8 5.7
Portugal 3.5 3.0 5.5 2.3
Romania 3.1 23.0 21.2 9.0
Slovak Republic 2.6 7.7 5.2 7.6
Slovenia 4.4 8.1 11.5 5.1
Spain 7.3 4.8 6.1 3.0
Sweden 8.9 2.4 2.5 2.1
United Kingdom 4.3 4.3 2.7 1.7

Sources: Eurostat, National statistical offices and FedEE

Key: LT = Annual rate of labour turnover, LC = Annual increase (decrease) in labour costs since the same quarter of the previous year. Comp = compensation of employees per head

The annual rate of labour turnover is defined by FedEE as the percentage of employees who have changed jobs within the last 3 months. This will vary significantly due to the proportion of the working population who are on temporary or fixed-term contracts.

Labour costs are the total hourly payroll costs to employers (working day adjusted). They include wages, salaries, employer social security contributions and taxes net of subsidies connected to employment.


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