On changes of labour costs in 2nd quarter of 2010
Compared to the 2nd quarter of the previous year, hourly labour costs in the country in the 2nd quarter of 2010 reduced by 40 santims or by 9.6% (seasonally non-adjusted data), according to the data of Central Statistical Bureau. But according to seasonally adjusted1) data they diminished by 8.4%, and stayed at the same level after working day adjustment.
|Changes of hourly labour costs over corresponding quarter of previous year, %|
Hourly labour costs in 2nd quarter of 2010, if compared to the 2nd quarter of previous year, witnessed the most significant decrease in education - by 21.9%, in public administration and defence; compulsory social security – by 16.3%, in health and social work – by 12.3%, in arts, entertainment and recreation – by 10.9%.
Hourly labour costs and their changes in the 2nd quarter of 2010 by kind of economic activity (seasonally unadjusted data, by NACE Rev. 2 classification)
Total excluding agriculture and fishing
Mining and quarrying
Electricity, gas, steam and air conditioning supply
Water supply; sewerage, waste management and remediation activities
Wholesale and retail trade; repair of motor vehicles and motorcycles
Transportation and storage
Accommodation and food service activities
Information and communication
Financial and insurance activities
Real estate activities
Professional, scientific and technical activities
Administrative and support service activities
Public administration and defence; compulsory social security
Human health and social work activities
Arts, entertainment and recreation
Other service activities
In 2nd quarter of 2010, if compared to the 2nd quarter of previous year, other labour costs reduced more rapidly than wages and salaries. That mainly may be explained with the decrease of the employee number reduction rates and drop of the compensations paid to the dismissed employees. Due to the economic situation also voluntary social security contributions and payments of the allowances to employees continue to reduce.
Labour costs, hours worked and their changes in the 2nd quarter of 2010 (seasonally un-adjusted data)
2nd quarter 2009
2nd quarter 2010
Labour costs, total, mln LVL
wages and salaries
other labour costs
Hours worked, mln
Total hourly labour costs, LVL
Hourly wages and salaries
other hourly labour costs
1) Influence of seasonality and varying number of working days has been averted.
Hourly labour costs include gross wages and salaries and other labour costs. Wages and salaries are regular and irregular direct wages and salaries – basic salary (monthly, wage), payment for time worked or job completed, regular and irregular premiums and bonuses, payments for days not worked (vocation and other days not worked), sums of state mandatory social insurance contributions paid by the employees and personal tax. In accordance with the EU regulatory enactments when compiling data on labour costs wages and salaries include also wages and salaries in kind (goods and services provided by the employer to employees for free or for a lower price, living area, mobile telephone, transportation compensation, etc.). Other labour costs include state mandatory social security contributions, state voluntary social security contributions (additional pension, health, life insurance contributions, etc.) paid by the employer, employer’s allowances, awards, gifts, payment of sick list A, severance payment, business risk state duty.
Hourly labour costs are calculated dividing the sum of labour costs with number of hours actually worked.
This information does not include data on agriculture, forestry and fishing.
Prepared by Wages Statistics Section
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