Description
The unit labour cost (ULC) is defined as the ratio of labour costs to labour productivity. Nominal ULC (NULC) = (D1/EEM) / (B1GM/ETO) with D1 = Compensation of employees, all industries, current prices EEM = Employees, all industries, in persons (domestic concept) B1GM = Gross domestic product at market prices in millions, chain-linked volumes reference year 2010 ETO = Total employment, all industries, in persons (domestic concept) The input data are obtained through official transmissions of national accounts' country data in the ESA 2010 transmission programme.
Resources
| Name | Format | Description | Link |
|---|---|---|---|
| Download metadata in SDMX 2.1 format | XML | Open resource | |
| Download dataset in SDMX 2.1 format | XML | Open resource | |
| Download dataset in SDMX-CSV format | CSV | Open resource | |
| Download dataset in TSV format | TSV | Open resource | |
| Table, graphs and map visualizations are also available. | HTML | Open resource |