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Hourly cost of labor, 2.58 pct drop in Q1 of 2021

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The hourly cost of labor in adjusted form (adjusted for number of working days) recorded in the first quarter of this year a decrease of 2.58 pct over the previous quarter and a 5.56 pct increase compared to the same period of 2020, according to data published on Friday by the of Statistics (INS). Furthermore, over the fourth quarter of last year, the hourly cost of labor (in adjusted form depending on number of working days) dropped in most economic activities. "The most significant drops of the hourly cost of labor (in adjusted form depending on number of working days)…

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