Hourly price price in Europe: Luxembourg within the lead | EUROtoday

“The share of non -wage costs in the total costs of work for the entire economy was 24.7% in the EU and 25.5% in the euro area – explains the report -. The lowest shares of non -wage costs in the EU were recorded in Romania with a percentage of 4.8%, Lithuania with 5.4%and Malta with 5.8%. The highest in France with 32.2% and Sweden 31.6% ».

The Italian scenario

As for Italy, as reported the report on the IV quarter of the Istat labor market, “the enter, measured by the hours labored, elevated by 0.2% in comparison with the earlier quarter and 0.5% in comparison with the fourth quarter 2023 Not solely that: the variety of employed stays considerably steady in comparison with the third quarter 2024, following the expansion of everlasting workers (+118 thousand, +0.7%) which compensated for the lower in time period workers (-86 thousand, -3.1%) and unbiased (-36 thousand, -0.7%)

Italian price will increase on an financial foundation

The price of labor per equal full -time working unit “increases by 0.2%on an economic basis, both in the component of wages (+0.2%) and, to a slightly lower extent, in that of social contributions (+0.1%)”. On an annual foundation, albeit in slowing down in comparison with the sturdy development recorded within the two earlier quarters, the price of labor “shows an increase equal to 3.2%, as the effect of the growth of the remuneration component equal to +3.1%and the contribution that is worth a +3.5%, influenced by contractual renewals”.

Positions in business and providers develop

In business and providers firms, worker work positions, web of seasonal results, “grow by 0.4% in economic terms, with an increase in equal intensity for the two full time and part time components”. Not solely that: the hours labored by worker improve in comparison with the earlier quarter (+0.4%) however lower as compared with the fourth quarter 2023 (-1.0%). The hours of layoffs (CIG) develop in tendential phrases of 1.8 hours per thousand hours labored. In this context, “continues the decline in administration positions, observed on both an economic basis (-0.9%) and annual (-3.6%)”. Furthermore, positions with intermittent contract develop.

Bulgaria, tax stability and two -speed development

Bulgaria represents a peculiar case throughout the European Union: regardless of an enviable tax stability – with a debt/GDP ratio of the bottom of your complete EU and a public deficit beneath 3% in 2023 – the poorest nation stays of the block, each for per capita GDP and for remuneration ranges. This obvious contradiction has its roots within the banking disaster of 1996-1997, which led to the adoption of a Currency Board and a coverage of inflexible management of public spending, maintained for years by governments of various orientation.