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Hourly cost of labor increased by 13 pct, in Q3 2019

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The hourly cost of labor, adjusted by number of working days, has recorded an increase of 13.18 pct in Q3 2019 compared to the same interval of the previous year, and the most important increase (22.91 pct) was noted in education activities, the data published, on Wednesday, by the for Statistics (INS), shows.

According to the statistic, in the reference period, other increases of the hourly cost of labor (in adjusted form by number of working days) were recorded in construction (+22.14 pct), professional, scientific and technical activities (+17.63 pct), hotels and…

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