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Hourly cost of labor, up in Q2 due to Covid-19 crisis

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The hourly labor cost in the second quarter of the year increased by 11.47% compared to the previous quarter and by 16.11% compared to the same quarter of the previous year, determined mainly by the interruption of the activity in the context of Covid-19, according to a of Statistics (INS) release sent to AGERPRES on Thursday. The hourly cost of labor (adjusted to the number of working days) increased in all economic activities compared to the previous quarter.

These increases in the hourly cost of labor were mainly determined by the interruption / cessation of economic…

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