Labour Costs in China decreased to 82.60 points in June from 86 points in May of 2021. source: CKGSB Cheung Kong Graduate School of Business

Labour Costs in China averaged 84.94 points from 2011 until 2021, reaching an all time high of 97.40 points in September of 2011 and a record low of 57.10 points in April of 2020. This page provides - China Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Labour Costs Index - values, historical data and charts - was last updated on July of 2021.

Labour Costs in China is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in China to stand at 103.00 in 12 months time. In the long-term, the China Labour Costs Index is projected to trend around 103.00 points in 2022, according to our econometric models.

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China Labour Costs Index

Actual Previous Highest Lowest Dates Unit Frequency
82.60 86.00 97.40 57.10 2011 - 2021 points Monthly
NSA

China Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 5.00 6.20 3.90 percent [+]
Employed Persons 78657.00 77471.00 78657.00 20729.00 Tens of Thousands [+]
Unemployed Persons 1060.00 1186.00 1186.00 810.00 Tens of Thousands [+]
Labour Costs 82.60 86.00 97.40 57.10 points [+]
Wages 97379.00 90501.00 97379.00 445.00 CNY/Year [+]
Wages in Manufacturing 82783.00 78147.00 82783.00 597.00 CNY/Year [+]
Minimum Wages 2480.00 2480.00 2480.00 690.00 CNY/Month [+]
Population 1443.50 1400.05 1443.50 551.96 Million [+]
Retirement Age Women 55.00 50.00 55.00 50.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]