Table 3. Annual percent change in hourly compensation costs in U.S. dollars
Table 3. Annual percent change in hourly compensation costs in U.S. dollars
for production workers in manufacturing, 29 countries or areas and
selected economic groups, selected periods, 1975-97
________________________________________________________________________________________________
Country or area 1975-97 1975-80 1980-85 1985-90 1990-97 1994 1995 1996 1997
________________________________________________________________________________________________
United States .......... 4.9 9.2 5.7 2.8 2.9 2.2 1.9 3.0 3.1
Canada ................. 4.8 7.8 4.8 7.7 .6 -3.5 1.2 3.9 -.7
Mexico ................. .8 8.5 -6.4 -.1 1.5 2.9 -38.9 2.0 13.6
Australia .............. 4.9 8.5 -.6 9.8 2.9 12.2 7.3 9.8 -3.1
Hong Kong SAR 1 ........ 9.3 14.7 2.8 13.1 7.8 7.5 4.6 6.6 5.4
Israel ................. 7.9 11.0 1.4 16.1 5.0 4.2 14.7 4.3 9.6
Japan .................. 8.8 13.0 2.8 15.1 6.1 11.1 11.6 -12.2 -7.4
Korea .................. 15.2 24.6 5.1 24.7 10.0 13.5 13.9 11.0 -10.8
New Zealand ............ 5.8 10.7 -3.5 13.3 4.1 11.5 13.2 9.1 -.1
Singapore .............. 10.9 12.1 10.6 8.9 11.8 19.8 16.5 13.5 -1.0
Sri Lanka .............. 2 2.6 -4.7 4.9 4.6 - 7.1 6.7 .0 -
Taiwan ................. 13.0 20.1 8.4 21.2 6.0 6.1 6.7 .2 -.7
Austria ................ 7.5 14.5 -3.1 18.6 3.1 6.7 17.2 -2.2 -11.1
Belgium ................ 5.9 15.4 -7.3 16.4 2.5 7.6 15.5 -2.9 -11.9
Denmark ................ 5.9 11.5 -5.6 17.3 2.9 6.2 18.6 .2 -8.7
Finland ................ 7.2 12.3 -.2 20.8 .3 14.6 26.7 -2.4 -9.0
France ................. 6.5 14.6 -3.4 15.5 2.1 5.0 13.5 -.4 -9.8
Germany 3 .............. 7.1 14.2 -4.9 18.1 3.7 6.8 19.2 -1.3 -11.0
Greece ................. 2 8.6 17.2 -.4 13.1 - 6.9 18.6 4.6 -
Ireland ................ 7.1 14.4 -.1 14.5 2.2 4.2 9.5 2.1 -2.0
Italy .................. 6.0 11.8 -1.3 18.0 -.6 .6 2.0 9.4 -5.6
Luxembourg ............. 2 6.1 13.1 -8.3 16.5 - 8.5 14.9 -3.4 -
Netherlands ............ 5.3 12.9 -6.2 15.6 1.9 3.6 15.5 -3.9 -10.7
Norway ................. 5.9 11.4 -2.2 15.7 1.4 3.8 16.3 2.7 -5.3
Portugal ............... 5.6 5.4 -5.8 19.8 5.0 2.2 16.7 3.9 -5.2
Spain .................. 7.4 18.4 -4.6 19.6 1.0 -.7 11.6 4.9 -10.0
Sweden ................. 5.3 11.7 -5.0 16.7 .9 5.9 15.1 13.7 -8.7
Switzerland ............ 6.5 12.7 -2.7 16.6 2.1 10.1 17.6 -3.3 -14.6
United Kingdom ......... 7.2 17.5 -3.7 15.2 2.9 3.1 6.8 3.4 9.5
Trade-weighted measures 4
All 28 foreign economies .. 6.9 12.5 1.0 12.8 3.6 5.0 4.6 .4 -2.4
less Mexico, Israel ... 7.6 13.0 1.7 14.1 3.8 5.2 9.0 .1 -4.2
OECD 5 .................... 6.3 12.0 .1 12.3 3.0 4.4 3.9 -.3 -2.9
less Mexico, Korea 6 .... 6.5 11.8 .6 13.2 2.8 4.0 8.8 -1.2 -4.6
Europe .................... 6.6 14.5 -4.1 16.7 2.3 4.8 13.1 1.3 -6.1
European Union ............ 6.6 14.6 -4.1 16.7 2.4 4.6 12.9 1.4 -5.7
Asian NIEs ................ 12.6 18.9 7.0 18.4 8.5 11.1 10.3 6.9 -2.5
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Rates of change based on compound rate method.
Dash means data not available.
1 Hong Kong Special Administrative Region of China.
2 1975-96.
3 Former West Germany.
4 Trade-weighted percent changes computed as the trade-weighted
average of the rates of change for the individual countries or areas.
For description of trade-weighted measures and economic groups,
see the Technical Notes preceding these tables.
5 Organization for Economic Cooperation and Development.
6 Mexico joined the OECD in 1994, and Korea joined in 1996.
Source: U.S. Department of Labor, Bureau of Labor Statistics, September 1998.
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Last modified: Thursday, September 17 1998
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