China: Labor cost
* indicates monthly or quarterly data series
The most recent value is 204.02 index points as of Q4 2019, an increase compared to the previous value of 195.63 index points. Historically, the average for China from Q1 2009 to Q4 2019 is 153.99 index points. The minimum of 100 index points was recorded in Q1 2009, while the maximum of 204.02 index points was reached in Q4 2019.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: National Bureau of Statistics of China
| Recent values | China: Labor cost index |
|---|---|
| 2019 Q4 | 204.02 |
| 2019 Q3 | 195.63 |
| 2019 Q2 | 192.14 |
| 2019 Q1 | 188.47 |
| 2018 Q4 | 197.7 |
| 2018 Q3 | 188.29 |
| 2018 Q2 | 184.22 |
| 2018 Q1 | 180.7 |
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Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 781.10 | 2023 | million people |
| Unemployment rate | 4.67 | 2023 | percent |
| Female unemployment | 4.06 | 2023 | percent |
| Male unemployment | 5.17 | 2023 | percent |
| Youth unemployment | 15.72 | 2023 | percent |
| Labor force participation | 66.38 | 2023 | percent |
| Labor force: percent female | 45.13 | 2023 | percent |
| Female labor force participation | 60.54 | 2023 | percent |
| Male labor force participation | 72.11 | 2023 | percent |
| Self-employment | 45.76 | 2022 | percent |
| Unemployment rate | 5.10 | Q4/2024 | percent |
| Labor cost | 204.02 | Q4/2019 | index points |