applet-magic.com Thayer Watkins Silicon Valley & Tornado Alley USA |
---|
|
Indices of Relative Hourly Compensation Costs for Production Workers in Manufacturing, 1980-2002 | ||||
---|---|---|---|---|
country | 1980 | 1990 | 1995 | 2002 |
United States | 100 | 100 | 100 | 100 |
Canada | 88 | 107 | 94 | 75 |
Mexico | 22 | 11 | 10 | 11 |
Germany | 124 | 146 | 184 | 123 |
France | 91 | 104 | 113 | 82 |
Italy | 83 | 117 | 94 | 70 |
Netherlands | 122 | 121 | 140 | 102 |
Spain | 60 | 76 | 74 | 56 |
Sweden | 127 | 140 | 125 | 95 |
Switzerland | 112 | 140 | 170 | 113 |
United Kingdom | 77 | 85 | 80 | 82 |
Japan | 56 | 85 | 138 | 88 |
South Korea | 10 | 25 | 42 | 43 |
Sri Lanka | 2 | 2 | 3 | NA |
Singapore | 15 | 25 | 43 | 34 |
Taiwan | 10 | 26 | 34 | 25 |
The crucial statistics are the unit labor costs; i.e., the wage rate divided by the labor productivity. For competitiveness one needs to compare the unit labor between countries. Below are shown the unit labor costs for a number of countries.
Indices of Relative Unit Costs of Production Workers in Manufacturing, 1980-1998 | |||||
---|---|---|---|---|---|
Country | 1980 | 1990 | 1995 | 1998 | |
United States | 100 | 100 | 100 | 100 | |
Canada | 84.7 | 104.7 | 89.2 | 86.5 | |
Japan | 66.5 | 89.5 | 143.9 | 99.7 | |
Belgium | 114.4 | 96.4 | 112 | 89.7 | |
France | 99.4 | 101.4 | 106.4 | 85.9 | |
Germany | 77.2 | 94.1 | 123 | 95.4 | |
Italy | 82 | 101.1 | 83.1 | 83.4 | |
Netherlands | 106.6 | 95.8 | 109.7 | 87.8 | |
Norway | 82.8 | 102.4 | 111.8 | 107 | |
Sweden | 90.2 | 97.8 | 75.4 | 69.8 | |
United Kingdom | 100.8 | 99.7 | 97.6 | 112.6 | |
HOME PAGE OF Thayer Watkins |