Table 9. ALL EMPLOYEES: Annual percent change in hourly compensation costs in U.S. dollars
-24- Table 9. ALL EMPLOYEES: Annual percent change in hourly compensation costs in U.S. dollars in manufacturing, 32 countries or areas and selected economic groups, selected years, 1996-2006 Country or area 1996- 1996- 2000- 2003 2004 2005 2006 2006 2000 2006 Americas UNITED STATES............. 3.0 2.7 3.1 4.3 2.8 2.7 -.5 ARGENTINA................. -1.1 2.4 -3.3 21.6 23.1 22.1 20.6 BRAZIL.................... -1.9 -11.8 5.4 5.0 18.2 31.6 17.8 CANADA.................... 4.4 -.4 7.7 15.1 12.0 10.6 9.1 MEXICO.................... 4.8 5.7 4.3 -2.2 -.8 7.2 4.1 Asia and Oceania AUSTRALIA................. 4.3 -3.7 10.0 29.2 18.7 6.4 3.2 ISRAEL.................... 2.4 3.0 2.0 6.0 2.7 2.8 4.1 JAPAN..................... .1 1.4 -.7 9.0 7.8 .0 -5.0 KOREA, REPUBLIC OF........ 6.1 .2 10.2 10.5 11.5 17.8 15.5 NEW ZEALAND............... 2.5 -7.2 9.5 28.5 16.8 9.7 -3.3 PHILIPPINES............... .7 -6.4 5.8 .4 6.7 9.5 16.2 SINGAPORE................. 1.4 -.4 2.6 5.9 3.5 .2 3.1 TAIWAN.................... 1.4 1.5 1.3 1.5 4.6 8.5 .9 Europe AUSTRIA................... 2.1 -6.3 8.1 23.1 11.6 3.6 4.1 BELGIUM................... 2.8 -5.1 8.5 21.7 12.4 4.3 3.8 CZECH REPUBLIC............ 8.7 -.2 - 22.5 16.4 11.0 - DENMARK................... - - 9.2 24.6 10.9 3.9 3.9 FINLAND................... 3.6 -5.1 9.9 23.8 14.9 3.8 5.7 FRANCE.................... 1.9 -6.2 7.7 22.5 12.0 2.9 3.5 GERMANY................... - - 7.5 23.2 11.2 1.0 2.5 HUNGARY................... 9.5 1.1 15.5 24.5 19.5 8.8 2.9 IRELAND................... 6.4 -2.1 12.5 29.2 17.6 5.4 4.9 ITALY..................... 3.2 -5.7 9.6 26.1 16.1 2.8 3.5 NETHERLANDS............... - - 9.0 25.5 12.5 2.0 1.7 NORWAY.................... - - 10.8 18.1 11.3 7.6 4.6 POLAND.................... - - 10.7 7.5 9.9 18.0 10.5 PORTUGAL.................. 3.7 -4.2 9.3 22.8 12.5 4.5 5.2 SLOVAKIA.................. - - 16.5 35.0 18.6 11.9 12.2 SPAIN..................... 3.5 -5.4 10.0 25.6 14.0 3.9 5.1 SWEDEN.................... 2.9 -3.9 7.8 25.5 13.4 .3 4.6 SWITZERLAND............... .9 -6.9 6.5 16.9 8.7 1.0 .3 UNITED KINGDOM............ 7.0 5.7 7.9 14.9 16.0 4.6 4.5 Trade-weighted measures All 31 Foreign Economies (1,2)................... 3.5 .2 6.0 12.6 9.5 6.9 5.0 OECD (3).................. 3.9 .5 6.5 13.7 9.7 6.4 4.7 Europe.................... 4.2 -2.3 8.6 22.4 13.4 3.1 3.5 Euro Area (4)............. 3.4 -5.0 8.8 24.3 13.1 2.6 3.3 Asian NIEs (5)............ 3.5 .5 5.5 6.4 7.4 10.9 7.9 Rates of change based on compound rate method. Dash means data not available. (1) For a description of trade-weighted measures and economic groups, see the Technical Notes preceding these tables. (2) The trade-weighted measures for all employees in this table are not directly comparable with those for production workers earlier in this release; the country coverage of the two series differs slightly. (3) Organization for Economic Cooperation and Development. (4) Euro Area refers to European Union member countries in this release that have adopted the Euro as the common currency as of January 1, 2001. (5) The Asian NIEs are Republic of Korea, Singapore, and Taiwan. Source: U.S. Department of Labor, Bureau of Labor Statistics, January 2008.
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Last Modified Date: January 25, 2008