Wages and salaries and labour costs

In the 1st quarter, the growth of the average monthly gross wages and salaries slowed down

news release no 58

According to Statistics Estonia, in the 1st quarter of 2015, the average monthly gross wages and salaries were 1,010 euros. Compared to the 1st quarter of 2014, the average monthly gross wages and salaries increased by 4.5%.

Diagram: Average monthly gross wages and salaries and their change by economic activity,  1st quarter, 2015–2014

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Labour costs and wages

article
Minifacts about Estonia 2015 (p. 24)

In 2013, labour costs per employee and per hour continued to grow and increased 6.7% and 7.2%, respectively, compared to 2012. In 2013 compared to the previous year, the average labour costs per employee increased the most in mining and quarrying (10.6%) and decreased the most in professional, scientific and technical activities (2.3%). Compared to 2004, labour costs per employee were two times higher in 2013.

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In the 4th quarter, there were 7,200 job vacancies

news release no 30

According to Statistics Estonia, there were 7,200 job vacancies in the enterprises, institutions and organisations of Estonia in the 4th quarter of 2014. The number of job vacancies decreased by 15.9% compared to the previous quarter and increased by 13.6% compared to the 4th quarter of 2013.

Diagram: Rate of job vacancies

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In the 4th quarter, the average monthly gross wages and salaries exceeded 1,000 euros once again

news release no 22

According to Statistics Estonia, in the 4th quarter of 2014, the average monthly gross wages and salaries were 1,039 euros and increased by 5.3% compared to the 4th quarter of 2013. In 2014, the average monthly gross wages and salaries exceeded the 1,000 euro level in the 2nd and 4th quarter.

Diagramm: Average monthly gross wages and salaries and monthly labour costs per employee

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Labour costs and their change in 2008–2012

article
Mare Kusma
– Eesti Statistika Kvartalikiri. 4/14. Quarterly Bulletin of Statistics Estonia (p. 37)

The article provides an overview on which components labour costs consist of, what changes have taken place in labour costs in 2008–2012, and which are the economic activities with the biggest change in labour costs. The article also focuses on the change that occurred in the structure of labour costs in 2000–2012.

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