1. LAMAS Working Group 22-23 October 2013
Agenda Item Annual Labour Cost Levels

2. Annual Labour Cost Levels
Background
2013-release
Plans for 2014

3. Background Shortcomings of previous approach
ESSC negative priorities
Lack of comparability
Some countries missing -> No aggregates
Timeliness -> 16 months after ref-year

4. New approach Base: Labour Cost Survey
Extrapolation: Annual unadjusted LCI (where available) – WDA for DK, FR, SE
Largest aggregate B to S excl. O
Corresponding to LCS, also 10+

5. New approach – cont. Data discussed with countries before release
Countries free to deliver annual data
Deadline corresponding with Q4 LCI
(year+70 days)
Please be careful to inform about delays

6. 2013-publication News release Direct deliveries by ES, RO
Special solutions: FR and PT+EL

7. 2013-publication - cont. Table in Eurobase
Currencies available: NAC and EUR
NACE breakdowns:
B-S
B-N
B-E F
G-N
P-S

8. 2013 News Release

9. Reactions Much attention
Currency effects – especially for UK this has a strong effect, also HU, PL, RO and SE
Further breakdowns

10. Currency Effects 2012 in relation to 2008

11. Plans for 2014 No data request for annual labour costs data
Countries may deliver data for the publication – deadline 11 March 2014
New structure in Eurobase
Publication of 2013-data ultimo March 2014

12. Plans for 2014 – cont. Include LCS 2004 or even LCS 2000
Only for analysis initially – countries will be consulted
In 2015 include LCS 2012 as basis

13. LCS 2004 – benchmark or not
There seems to be very different approaches regarding the benchmarking of the LCI to the LCS
Half the countries seem to benchmark, the others not
What policy will be applied in relation to LCS 2012?

14. LCS 2004 – benchmark or not

15. LAMAS delegates are invited:
To comment on the content of the news release issued in April 2013;
To mention if they intend to benchmark LCI data on LCS2012.

16. Thank you for your attention!