The cost of the working hour went up in Q2 in Romania, says National Institute of Statistics

Newsroom 03/09/2014 | 13:35

The cost of the working hour has seen a 3.7 percent growth rate in the second quarter of this year, compared to the first three months. Compared to the same quarter of last year, the cost of the working hour has gone up by 4.99 percent , according to The National Institute of Statistics, quoted by Mediafax newswire.

The total cost with the labor force represents the total direct and indirect expenses that must be paid by the employer for the employees. This does not include the expenses with training the employees, staff recruitment and protection equipment.

The cost of the working hour has increased the most in the mining industry, by 15.77 percent, followed by the production industry and supply of electricity and heating, gas, warm water and air conditioning, by 13.42 percent. Financial intermediation services and insurances have seen the cost per working hour surge by 10.36 percent.

The constructions sector was the only one where the cost of the working hour went down, by 1.41 percent.
Otilia Haraga

 

 

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue