International Ranking in Unit Labour Cost Improved in 2006

In 2006, an hour of work in the Austrian manufacturing sector cost 29.15 €, or 8.8 percent more than the average in the other EU-15 countries ("EU 14"). This amount was made up of 15.45 € in pay and 13.70 € in incidental wage costs. The latter thus contributed 88.7 percent to the total, or ½ percentage point less than in the previous year, due t4o a drop in severance payments and failure periods.