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The cost per hour worked increased by 3.7% in the annual rate in the series adjusted for calendar and seasonal effects, and 2.3% in the original series. The activity that registered the greatest increase in annual rate in adjusted data was Financial and insurance activities (6.0%).
Previous press releases| Indicator | Note | Index | Variation |
|---|---|---|---|
| General Index | 118.438 | 2.3 | |
| Adjusted index | 1 | 114.204 | 3.7 |
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Did you know...?
The Harmonised Labour Cost Index (ICLA) It is a continuous statistical operation on a quarterly basis whose objective is to provide a common and comparable measure of the labor cost per hour worked for the entire European Union, which allows monitoring the evolution of said labor cost.
Indices are provided based on 2016 of the total labor cost, wages and salaries and other net costs of subsidies received for the use of the work factor (includes social contributions paid by employers and non-salary perceptions). The total labor cost index is also provided, excluding extraordinary payments and arrears.