Developments for labour input indicators during the third quarter of 2004

European Commission Eurostat

Description

Industry, trade and services
Target audience: Specialised/Technical

Informations

• Publié par: EUROPEAN-COMMISSION-EUROSTAT
• Nombre de lectures: 8
• Langue: English

Extrait

Statistics

in focus

INDUSTRY, TRADE AND SERVICES

10/2005

Author Romy BECKER- SCHNEIDER

C o n t e n t s Employment index for industry (excluding construction) .......... 2

Employment index for services ................................ 3

Hours worked index for total industry (excluding construction) ............................. 6

Wages and salaries index for total industry (excluding construction) ............................. 8

Labour input indices for industrial Divisions of NACE.................................... 10

 Manuscript completed on: 19.01.2005 ISSN 1561-4840 Catalogue number: KS-NP-05-010-EN-C © European Communities, 2005

Developments for labour

input indicators

during the third quarter of 2004 z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z

The employment index for the EU-25's industrial economy continued to decline, by 0.5 % in the third quarter of 2004 (when compared with the previous quarter). The decrease observed was at a slightly faster pace than that registered during the second quarter of 2004 – see Figure 1 – when the reduction in the number of persons employed was 0.3 %. However, in the euro-zone, the decrease in the level of employment decelerated to -0.4 % in the third quarter of 2004, compared with -0.5 % the quarter before.

As regards the volume of work done within the industrial economy, the total number of hours worked fell by 0.2 % in the EU-25 and by 0.4 % in the euro- zone in the third quarter of 2004 (in comparison with the previous quarter). At the same time, wages and salaries rose in the EU-25's industrial economy by 0.3 % in the EU-25 and by 0.1 % in the euro-zone. Quarter on quarter growth rates, Year on year growth rates, seasonally adjusted data gross data EU-25 Euro-zone EU-25 Euro-zone Employment -0.5 -0.4 -1.7 -2.0 Hours worked -0.2 -0.4 -0.6 -1.0 Wages & salaries 0.3 0.1 1.1 0.5

Table 1: Recent growth rates for total industry (excluding construction), Q3/2004 (%); source: Eurostat STS

0.5

0.0

-0.5

-1.0

Q4-03

EU-25

Q1-04

Q2-04 Euro-zone

Q3-04

Figure 1: Employment index for total industry (excluding construction), growth rates, quarter compared to previous quarter, seasonally adjusted (%); source: Eurostat STS

Data extracted on: 11.01.2005