Employers' Labour Expenses Grow By 8% in One Year

Business | March 20, 2017, Monday // 13:40| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Employers' Labour Expenses Grow By 8% in One Year BGNES

In the fourth quarter of 2016, the total expenses of employers per working hour of their employees increased by 8%, compared to a year ago, showed preliminary data of the National Statistical Institute (NSI).

The increase in industry is 8.1%, in the services sector – 9.4% and in construction 2.2%.

The greatest jump in total labour expenses was reported for the sectors Culture, Sports and Entertainment – 25.5%, Trade, Automobile and Motorcycle Repairs – 14.3%, Creation and Circulation of Information and Artistic Products, Telecommunications – 10.7%.

Labour expenses grew least in the Water and Sewerage Sector – 1.7%, Construction – 2.2% and Education – 3.0%.

Expenses for remuneration of a single working hour increased by 8.2%, while other expenses (healthcare, social benefits) grew by 7.0%.

Business » Be a reporter: Write and send your article
Tags: labour, expenses, employers, employees, NSI, industry, construction
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria