The average labor cost per worker and per month (including salaries and social contributions) increased by 5% in the third quarter of the year compared to the same period in 2022.2,892.73 euros, This is the highest figure in the third quarter since 2000, the National Institute of Statistics (INE) reported on Monday.
This increase in the labor costs they accumulate Eleven consecutive quarters of increases, It is eight-tenths (+5.8%) lower than the figure recorded in the second quarter.
Labor cost consists of: salary cost and other costs. Between July and September, salaries (all wages, both in cash and in kind) increased by 4.2% on a gross annual basis, reaching an average of 2,117.80 euros per worker per month. The series started 23 years ago.
The highest wage increase between years in the third quarter, real estate activities (+10.1%), information and communications (+8.8%) and artistic and entertainment activities (+7.9%).
Total of other costs (non-salary costs) in the third quarter of the year 774.93 euros per worker and monthIt recorded an annual increase of 7.2%.
In the third quarter of 2023, agreed average weekly working days, When full-time and part-time work were considered together, this time was 35.3 hours. Of these, 7.5 hours were lost per week, of which 6.2 hours were not worked due to holidays and holidays.
Labor cost per effective hour increased according to INE 5.5% annual rate in the third quarter From 2023 to 23.80 euros due to a 0.5% decrease in effective working hours.
In the third quarter, the number of vacant quotas reached 155,797, the highest number since 2013, when the counting started. 90.2% of vacant jobs are in the services sector.