Manufacturing compensation costs in foreign countries and in the United States, 2011
December 21, 2012
Average hourly compensation costs in U.S. manufacturing, at $35.53 in 2011, ranked approximately in the middle among 33 countries examined by the U.S. Bureau of Labor Statistics.
|Country||Hourly compensation costs in U.S. dollars (1997)||Hourly compensation costs in U.S. dollars (2011)|
Korea, Republic of
In addition to Norway ($64.15), Australia ($46.29), Canada ($36.56), Italy ($36.17), and Japan ($35.71), countries with hourly compensation costs in manufacturing that were higher than those experienced by the United States were primarily in northern and western Europe. Countries with lower hourly compensation costs were primarily in southern and eastern Europe, Asia, and Latin America. These countries included the United Kingdom ($30.77), Republic of Korea ($18.91), Brazil ($11.65), Taiwan ($9.34) and the Philippines ($2.01).
Between 1997 and 2011, compensation costs in manufacturing as a percent of U.S. costs increased or remained the same in all economies compared except Taiwan, improving U.S. cost competitiveness.
|Country||Percent of U.S. hourly compensation costs (1997)||Percent of U.S. hourly compensation costs (2011)|
Korea, Republic of
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Manufacturing compensation costs in foreign countries and in the United States, 2011 on the Internet at https://www.bls.gov/opub/ted/2012/ted_20121221.htm (visited October 24, 2020).
Recent editions of Spotlight on Statistics
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.