Business Statistics Division
Telephone: +44 (0)1633 455092
Frequency of release: Quarterly
Geographical coverage: UK
Geographical breakdown: UK
At the whole economy level the experimental index of labour costs per hour increased by 2.1 per cent in Q4 2011 compared with the same quarter in 2010.
Non-wage costs have increased at a faster rate than the index of wage costs at 2.8 per cent and 2.0 per cent respectively.
Public and private sector's labour costs (per hour) growth was similar in 2011Q4. Public sector labour cost growth picked up between Q3 and Q4 2011, in part because of the reduced number of hours worked by the public sector due to the strike action. The public sector’s annual growth rate was 2.5 per cent in Q4 2011, compared with 2.4 per cent in the private sector.
Also known as Labour Costs Index (LCI). Measures changes in the average labour costs per hour worked. Labour costs include wages and salaries as well as employer social contributions, maternity, paternity and sick pay and benefits in kind.