Labour productivity on the rise. How long will the trend last? - financiare.ro
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News » December, 2010 » 15 December 2010

Labour productivity on the rise. How long will the trend last?
15.12.2010, 00:10 | Economy | 774 views



Labour productivity, which started to show signs of rebound since mid-year, continued to grow in the third quarter, while wage earnings recorded a downward trend.

The situation has changed since the booming years when wage saw rises of 20-25% per year, leaving behind productivity gains, with economists warning that this wage increase is "illusory", because it fuels inflationary pressures.

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