Table 2. Unit labor costs (ULC) in national currency, compensation, and output

Table 2. Unit labor costs (ULC) in national currency, compensation, and output
         Manufacturing, 19 countries, 1979-2010
         Average annual compound rates of change

Country               Indicator                 1979-2010  1979-1990  1990-2000  2000-2007  2007-2010  2008-2009  2009-2010

United States         ULC in nat. cur.                0.3        2.5       -0.4       -2.1        0.2       -0.5       -4.0
                      Compensation                    2.8        4.9        3.8        0.6       -2.6       -9.1        1.6
                      Output                          2.5        2.3        4.2        2.8       -2.8       -8.6        5.8

Australia             ULC in nat. cur.                NA         NA         1.7        3.0        1.3        2.2       -2.4
                      Compensation                    NA         NA         3.2        4.6        1.6       -0.2        1.9
                      Output                          1.4        1.6        1.5        1.6        0.3       -2.3        4.3

Belgium               ULC in nat. cur.                1.0        1.8        0.2        0.8        1.3        4.2       -3.2
                      Compensation                    2.4        4.4        1.6        1.6       -0.6       -4.4        0.6
                      Output                          1.4        2.6        1.5        0.7       -1.9       -8.3        3.9

Canada                ULC in nat. cur.                2.0        4.6       -0.3        2.7       -0.9       -2.4       -4.3
                      Compensation                    3.5        6.5        3.8        2.1       -5.0      -13.4        1.1
                      Output                          1.4        1.9        4.2       -0.6       -4.2      -11.3        5.6

Czech Republic        ULC in nat. cur.                NA         NA         NA        -0.2       -2.4        2.1       -7.6
                      Compensation                    NA         NA         NA         7.2       -0.7      -10.0        2.3
                      Output                          NA         NA         NA         7.4        1.7      -11.9       10.8

Denmark               ULC in nat. cur.                2.5        5.7        0.7        1.9       -0.8        4.3       -6.2
                      Compensation                    3.5        7.0        2.5        2.4       -3.1       -8.4       -4.0
                      Output                          1.0        1.3        1.9        0.6       -2.3      -12.1        2.4

Finland               ULC in nat. cur.                1.0        5.7       -2.2       -3.1        4.0       19.2      -11.1
                      Compensation                    4.7        9.4        3.3        2.9       -2.7      -10.4        0.2
                      Output                          3.7        3.4        5.5        6.2       -6.5      -24.8       12.8

France                ULC in nat. cur.                2.1        5.7       -0.2        0.1        1.8        5.0       -5.4
                      Compensation                    3.0        6.7        1.7        1.3       -1.3       -3.5       -2.0
                      Output                          0.9        0.9        1.9        1.2       -3.0       -8.1        3.5

Germany               ULC in nat. cur. C              1.7        3.3        1.4       -1.6        4.6       15.7       -8.1
                      Compensation     C              2.4        4.6        2.0        0.8        0.1       -5.2        2.3
                      Output                          0.7        1.2        0.6        2.4       -4.4      -18.1       11.3

Italy                 ULC in nat. cur.                4.7        8.8        1.7        2.8        4.2       10.3       -4.6
                      Compensation                    5.5       11.6        3.2        3.0       -1.8       -7.4       -0.2
                      Output                          0.9        2.6        1.4        0.3       -5.8      -16.0        4.6

Japan                 ULC in nat. cur.               -1.1        0.7       -0.9       -3.8       -1.7       11.1      -13.3
                      Compensation                    1.1        5.5       -0.1       -1.5       -4.0      -10.8        1.1
                      Output                          2.2        4.7        0.8        2.3       -2.3      -19.7       16.7

Korea, Republic of    ULC in nat. cur.                4.1        7.9        2.6        1.6        1.2        4.1       -0.7
                      Compensation                   13.0       19.5       11.3        8.5        6.4        2.5       14.0
                      Output                          8.6       10.8        8.4        6.8        5.1       -1.5       14.8

Netherlands           ULC in nat. cur.                0.5        0.8        0.3       -0.1        1.9        8.4       -7.7
                      Compensation                    2.6        3.2        3.0        1.9        0.7       -0.9       -1.0
                      Output                          2.0        2.4        2.7        2.0       -1.2       -8.6        7.3

Norway                ULC in nat. cur.                4.3        6.9        3.5        2.0        2.8        4.7       -0.7
                      Compensation                    5.0        6.4        4.6        4.6        2.3       -1.4        1.2
                      Output                          0.7       -0.5        1.0        2.6       -0.5       -5.8        1.9

Singapore             ULC in nat. cur.                0.3        3.7       -1.5       -1.1       -3.1       -0.2      -18.3
                      Compensation                    7.1       11.3        5.8        4.4        2.7       -4.3        6.0
                      Output                          6.8        7.3        7.4        5.5        6.0       -4.2       29.7

Spain                 ULC in nat. cur.                4.3        7.8        2.7        2.5        1.6        2.9       -4.6
                      Compensation                    5.8       10.1        5.5        3.8       -3.8      -11.2       -3.8
                      Output                          1.4        2.1        2.8        1.2       -5.4      -13.6        0.9

Sweden                ULC in nat. cur.                1.2        6.6       -2.2       -2.2        1.7       12.3      -13.9
                      Compensation                    4.5        8.4        3.4        2.7       -1.8       -7.9       -0.5
                      Output                          3.2        1.7        5.7        5.0       -3.5      -18.0       15.6

Taiwan                ULC in nat. cur.                0.5        5.5        0.2       -3.8       -5.9       -7.4      -10.7
                      Compensation                    7.1       13.5        5.2        3.1        0.6      -11.5       13.1
                      Output                          6.6        7.5        5.0        7.2        7.0       -4.4       26.7

United Kingdom        ULC in nat. cur.                3.1        6.3        1.4        0.8        2.7        7.5       -1.0
                      Compensation                    3.4        7.3        2.3        0.9       -0.9       -3.9        2.6
                      Output                          0.3        0.9        0.9        0.0       -3.5      -10.7        3.6

NOTE: German data for years before 1991 pertain to the former West Germany.
NA=data not available.
C=corrected





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Last Modified Date: December 01, 2011