Office of the Chief Economic Adviser
Telephone: +44 (0)1633 455047
Frequency of release: Ad-hoc
Geographical coverage: UK
Geographical breakdown: Theme specific
This article outlines a methodology for producing quarterly estimates of unit labour costs below the whole economy level and replacing the current series for manufacturing unit wage costs with a new series for manufacturing unit labour costs.
The most significant change is in the method of seasonal adjustment, which impacts the whole economy and manufacturing series compared with currently published estimates.
The new series for the market sector and production and services sectors provide additional scope for analysis on the costs of labour.
Supporting material for ONS productivity releases.