Compared to the first quarter of 2024, the hourly labor costs adjusted to the number of working days rose by 1.53%.
Q2/2025 compared to Q1/2025
Compared to Q1/2025, the hourly labor cost (working days adjusted) climbed across the majority of economic activities. The most significant increases of the hourly labor cost (working days adjusted) were found in electricity, gas, steam and air conditioning supply (12.60%), mining and quarrying (7.50%), financial and insurance activities (4.83%), respectively in transportation and storage (4.01%).
The only decreases of the hourly labor cost (working days adjusted) were noticed in accommodation and food service activities (-1.90%), arts, entertainment and recreation (-1.37%), administrative and support service activities (-0.99%), respectively in information and communication (-0.20%).
As against the previous quarter, the direct costs component (wages and salaries) increased by 1.53% and the other costs component (non-wage costs) by 1.44%.
Q2/2025 compared to Q2/2024
Compared to the second quarter of 2024, the hourly labor cost (working days adjusted) increased in all economic activities. The most significant increases of the hourly labor cost (working days adjusted) were found in construction (15.04%), other service activities (14.37%), respectively in manufacturing (13.44%) in the second quarter of 2025.
Against the second quarter of 2024, the hourly labor cost (working days adjusted) increased the least in public administration (5.84%), education (6.02%), respectively in human health and social work activities (6.12%).
Compared to the second quarter of 2024, the direct costs component (wages and salaries) increased by 10.33% and the other costs component (non-wage costs) by 10.54% in the second quarter of 2025.
The quarterly labor cost index is a short-term indicator that reflects the evaluation of the tendencies of the hourly costs incurred by employers with labor force.