The cost of labor in the eurozone rose in the first quarter of 2011 a 2.6%, according to Eurostat. By sector in the euro zone, the price of labor increased more in the industry (2.8%), followed by construction and services (both, 2.5%). The cost of labor in the eurozone increased in the first quarter of 2011 a 2.6%, compared to the same period of 2010, while throughout the European Union (EU) rise was 2.7%, according to data released by Eurostat, the EU Statistical Office. In Spain, labor costs increased in relation to the first quarter of the previous year by 1.9%, according to provisional data, a figure similar to the first quarter of 2010, when the rise was 2%. Industry led the rise by sector in the euro zone, the price of labor increased most in the industry (2.8%), followed by construction and services (both, 2.5%).
In the whole of the 27 Member States, labour urged 3.1 % in the industry, 2.3% in construction and 2.6% in services. Countries for which data is available, Bulgaria was where most Uploader cost per hour worked compared to the same quarter of the previous year (7.8%), followed by Hungary (5.6%). The only countries that showed declines in the price of labor were Greece (6.8% less) and Ireland (2.2% less). Source of the news: Labor urged by 1.9% in Spain in the first quarter of 2011