A more recent publication of this set of statistics is available.
Latest publication: Labour cost index 2011, 3rd quarter
Published: 8 December 2009
Cost of labour for an hour worked rose by 6.0 per cent in July-September
Correction. Release corrected on 9 December 2009. The correction is shown in red font. Was previously 3.4.
Private sector labour costs rose by 6.0 per cent in July-September 2009 when compared with the respective period of the year before. Labour costs excluding one-off items, such as performance bonuses, rose by 5.9 per cent in the period. In the third quarter of 2009 the index of wage and salary earnings rose 4,4 per cent in the private sector.
From 2007 to 2008, labour costs rose by 3.5 per cent and the rise excluding one-off items was 4,0 per cent.
As the time series according to the new method is available only since the beginning of 2007, it has not been possible to seasonally adjust the index data. The timing of so-called moving mid-week holidays, such as Easter and Epiphany, affects the comparability of data concerning the first, second and fourth quarters. An increase in the number of mid-week holidays adds the rise in labour costs in the second quarter of 2009. There is no mid-week holidays in the third quarter. Statistics Finland publishes seasonally adjusted series when there are enough observations to calculate reliable results.
Calculated by industry, the cost of an hour worked in industry rose by 6.6 per cent in July-September 2009 when compared with the respective time period of the year before. The rise was strongest in the Information and communication at 16.1 per cent, and costs reduced in Administrative and support service activities, at 3,6 per cent. By contrast, labour costs in construction rose by 6.1 per cent in July-September 2009 when compared with the respective time period of the year before. In service industries the rise amounted to 6.1 per cent.
Annual changes of Labour cost in all industries, industry, construction and services according Standard Industrial Classification 2008
| Code | Industry | Labour Costs, Year-on-year change |
|
| Labour costs, all |
Labour costs, excluding one-off items |
||
| B-S | Total | 6,0 | 5,9 |
| B-E | Industry | 6,4 | 6,5 |
| F | Construction | 6,1 | 5,6 |
| G-N | Services | 6,1 | 5,7 |
Source: Wages, Salaries and Labour Costs, Statistics Finland
Inquiries: Pekka Haapala (09) 1734 3460
Director in charge: Kari Molnar
Publication in pdf-format (262.6 kB)
Updated 8.12.2009
Official Statistics of Finland (OSF):
Labour cost index [e-publication].
ISSN=1798-3746. 3rd quarter 2009. Helsinki: Statistics Finland [referred: 14.2.2012].
Access method: http://www.tilastokeskus.fi/til/tvki/2009/03/tvki_2009_03_2009-12-08_tie_001_en.html.
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