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Release: Productivity Measures, Revised Methodology for Unit Wage Costs and Unit Labour Costs - Explanation and Impact

Released: 06 October 2011

Categories: Economy, Prices, Output and Productivity, Productivity Measures

Frequency of release: Ad-hoc

Language: English

Geographical coverage: UK

Geographical breakdown: Theme specific

This article provides an explanation of how the methodology used to calculate Unit Wage Costs and Unit Labour Costs will change as of the Q2 2011 Labour Productivity release. The new methodology better reflects the wage and labour costs associated with the self-employed. Analysis of how these changes affect these series is included.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.