The Baltics Today

Estonia records EU’s steepest increase in labor costs in Q3

The steepest increases in average hourly labor costs in the third quarter of 2013 were registered in Estonia – 8.1%, Lithuania – 6.2%, Latvia – 5.9%, and Romania – 4.2%. Average hourly labor costs in Latvia increased 5.9% in the third quarter of 2013, compared to the respective period in 2012 – the third steepest increase across the European Union, informed LETA, referring to Eurostat.... Read more...

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