Absolute labor costs

Labor costs are all costs that are caused by the use of labor over a certain period of time. They essentially consist of the gross wages and salaries of the employees (gross earnings). Then there are the employers' social contributions. Labor costs are usually reported per hour, and it is precisely this hourly cost that is known as absolute labor costs.

Nach Untersuchungen des Instituts für Makroökonomie und Business cycle research in der Hans-Böckler-Stiftung betrugen die absoluten Arbeitskosten in Deutschland im Jahr 2007 im Verarbeitenden Gewerbe 32,00€ und im Dienstleistungsbereich (ohne Staat) 25,60€ je Stunde.

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