Unit Labour Costs

HC Deb 08 March 1984 vol 55 c666W

22. Mr. Tim Smith

asked the Chancellor of the Exchequer what was the rise in unit labour costs in 1983.

Mr. Peter Rees

In the first three quarters of 1983 whole economy unit labour costs are estimated to have been on average 2.5 per cent. higher than in the same period a year earlier.