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Labor in Bulgaria is the cheapest,in Denmark the highest
Eurostat, Bulgarian workers cost 4.9 euro per hour versus 42.5
14 May, 15:32
(ANSA) - SOFIA - According to Eurostat data in 2017, labor
costs per hour on average for the EU amounted to 26.8 euros. The
lowest is in Bulgaria - 4.9 euro per hour, and the highest in
Denmark - 42.5 euro per hour. Labor costs in Bulgaria are almost
5.5 times lower than the EUaverage. These statistics are
announced by Social Minister Biser Petkov in a written answer to
a parliamentary question, as Novinite.com reports.
On average, for the EU, labor costs in 2017 increased by 2.3%, wage costs increased by 2.4%, and social and health insurance costs by 2.1%. In 2017, labor costs in Romania rose most - 15%, the smallest growth (with a negative sign) is in the UK - 4.1%.
In Bulgaria, laborcosts in 2017 increased by 12% - second only to Romania.
The biggest increase in salaries is in Romania - 15.1%, while in the UK wage costs are down 4.5%. In 2017 the minimum wage in the EU ranges from 235.20 in Bulgaria to 1 998.59 in Luxembourg.
Labor productivity in Bulgaria is over two times lower than the EU average. (ANSA).
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On average, for the EU, labor costs in 2017 increased by 2.3%, wage costs increased by 2.4%, and social and health insurance costs by 2.1%. In 2017, labor costs in Romania rose most - 15%, the smallest growth (with a negative sign) is in the UK - 4.1%.
In Bulgaria, laborcosts in 2017 increased by 12% - second only to Romania.
The biggest increase in salaries is in Romania - 15.1%, while in the UK wage costs are down 4.5%. In 2017 the minimum wage in the EU ranges from 235.20 in Bulgaria to 1 998.59 in Luxembourg.
Labor productivity in Bulgaria is over two times lower than the EU average. (ANSA).
