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The structure of labour costs in Italy
Average hourly labour costs: in Italy lower than in the Euro area.
For the greatest economic units (with 1.000 or more employees) average hourly labour costs were estimated to be 33.3 euros, approximately 10 euros higher than the economic units with 10-49 employees (23.1 euros).
The hourly labour costs in the Financial and insurance sector (51.6 euros) were almost 33 euros higher than in the Administrative and support service activities (18.8 euros).
In 2020, the first year of the pandemic, the hours worked per employee were 6.6% lower than in 2016.