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Tuesday, 07 December, 2021
Home BUSINESSTotal wages and salaries up 1.3% in Q4 2014
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Mon, 16 Feb, 2015 12:06:13 AM
FTimes Report, Feb 16
 
Year-on-year change in wages and salaries sum in the 10-12/2014 and 10-12/2013 time periods, % (TOL 2008). Source: Wage and salary indices, Statistics Finland.
The wages and salaries sum of the whole economy was 1.3 per cent greater in the past October to December period than in the corresponding period twelve months earlier, according to Statistics Finland.
 
In December alone, the total wages and salaries sum of the whole economy grew by 1.6 per cent year-on-year.
 
In the October to December period one year ago, the wages and salaries sum grew by 0.9 per cent.
 
The wages and salaries sum grew in the last October to December period in all main industries with the exception of manufacturing, where the wages and salaries sum contracted by 0.1 per cent.
 
Annual change in the wages and salaries sum of the whole economy, and the private and public sector in 10–12/2014 and 10–12/2013, % (TOL 2008 and S 2012). Source: Wage and salary indices, Statistics Finland.
The growth in the wages and salaries sum was fastest in construction (2.6 %), other services (2.5 %) and the private health and social work (2.3 %), the data show.
 
The total amount of wages and salaries grew by 1.7 per cent in the private sector in October to December year-on-year.
 
In the public sector, the wages and salaries sum grew by 0.5 per cent in the latest three-month period from twelve months back.
 
 In December alone, the wages and salaries sum in the private sector grew by 2.1 per cent and in the public sector by 0.7 per cent from one year earlier as per the statistics.
 
 In the October to December period one year ago the wages and salaries sum grew by 1.6 per cent in the public sector and 0.7 per cent in the private sector.
 
The wages and salaries sum refers to the sum total of the gross wages and salaries paid to employees without incentive stock options.
 
 
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