Mexico has biggest increase in hourly compensation in 2000
October 03, 2001
Of 29 countries studied by BLS, Mexico had the greatest increase in 2000 in hourly compensation costs, measured in U.S. dollars, for production workers in manufacturing: 17.7 percent.
Korea, with a gain of 15.3 percent, had the next biggest increase in hourly compensation. In the United States, hourly compensation costs in manufacturing were up 3.9 percent.
Hourly compensation costs expressed in U.S. dollars decreased by 11.7 percent in 2000 in both Belgium and Italy—the largest decrease. Compensation costs also decreased in a number of other European countries, including Germany, Switzerland, France, and the United Kingdom.
These data are a product of the BLS Foreign Labor Statistics program. For additional information, see news release USDL 01-311, International Comparisons of Hourly Compensation Costs for Production Workers in Manufacturing, 2000. Note that the statistics for foreign economies presented here reflect fluctuations in exchange rates as well as changes in hourly compensation expressed in each country’s national currency.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Mexico has biggest increase in hourly compensation in 2000 on the Internet at https://www.bls.gov/opub/ted/2001/oct/wk1/art03.htm (visited September 30, 2020).
Recent editions of Spotlight on Statistics
- 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.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.