Unit Labour Costs

HC Deb 19 November 1987 vol 122 c643W

Mr. John Marshall

To ask the Chancellor of the Exchequer what are the latest figures for the growth of unit labour costs in the United Kingdom.

Mr. Major

In the second quarter of 1987 unit labour costs for the whole economy were 4 per cent. higher than a year earlier. Manufacturing unit wage costs were 1.5 per cent. higher than a year earlier in the third quarter of 1987.