20 March 2017
2017- n° 69In Q4 2016, the labour cost index - wages and salaries increased by 0.4% and the labour
cost index - total labour cost increased by 0.3% Labor cost index in industry, construction and services - fourth quarter 2016
In the fourth quarter of 2016, the labour cost index (LCI) - wages and salaries in the non-agricultural market sector accelerated slightly (+0.4% quarter on quarter after +0.2%, in seasonally adjusted data). Year on year, it rose by +1.3%, as much as in Q3 2016. The average working time remained stable after a slight inscrease in the third quarter (+0.1% y-o-y).
- The labour cost index - wages and salaries increased by 0.4%
- Wages accelerated in industrial activities and in services
- In construction, wages decelerated
- Downward revision of LCI – wages and salaries for Q3 2016
- The labour cost index - total labour cost increased by 0.3%
- Downward revision of LCI – total labour cost for Q3 2016
The labour cost index - wages and salaries increased by 0.4%
In the fourth quarter of 2016, the labour cost index (LCI) - wages and salaries in the non-agricultural market sector accelerated slightly (+0.4% quarter on quarter after +0.2%, in seasonally adjusted data). Year on year, it rose by +1.3%, as much as in Q3 2016. The average working time remained stable after a slight inscrease in the third quarter (+0.1% y-o-y).
graphiqueGraph1 – LCI - wages and salaries: year-on-year changes
- Scope: non-agricultural market sector excluding services to households
- Sources: ACOSS, DARES, INSEE
Wages accelerated in industrial activities and in services
In Q4 2016, wages in industrial activities picked up in comparison to the previous quarter (+0.4% after +0.1% in Q3 2016). This development concerned almost every industry. Nevertheless, year on year, they decelerated slightly (+1.3% after 1.5% in the third quarter).
In services, wages accelerated slightly, over a quarter (+0.4% after +0.2%) as over a year (+1.3% after +1.1%). In comparison to the previous quarter, wages increased particularly faster in accomodation and food services and in Financial and insurance activities. However, they slowed down in information-communication.
In construction, wages decelerated
In construction, wages slowed down sharply quarter on quarter (+0.4% after +1.0%) as year on year (+1.8% after +2.6%).
tableauTable1 – LCI - wages & salaries
| Quarterly variations (%) | Annual variations (%) | |||
|---|---|---|---|---|
| Q3-16 | Q4-16 | Q3-16 | Q4-16 | |
| Industry | 0.1 | 0.4 | 1.5 | 1.3 |
| Mining and quarrying | 0.8 | 0.3 | 1.7 | 1.6 |
| Manufacturing | 0.1 | 0.4 | 1.4 | 1.1 |
| Electricity, gas, steam and air conditioning supply | –0.2 | 0.4 | 2.9 | 2.9 |
| Water supply; sewerage, waste management and remediation activities | 0.4 | 0.5 | 1.4 | 1.7 |
| Services | 0.2 | 0.4 | 1.1 | 1.3 |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 0.3 | 0.4 | 1.2 | 1.4 |
| Transportation and storage | 0.1 | 0.1 | 1.3 | 1.0 |
| Accommodation and food service activities | 0.2 | 0.9 | 0.4 | 1.1 |
| Information and communication | 0.5 | 0.0 | 2.0 | 1.6 |
| Financial and insurance activities | 0.3 | 0.9 | 1.6 | 2.1 |
| Real estate activities | 0.7 | 1.1 | 3.0 | 3.2 |
| Professional, scientific and technical activities | 0.0 | 0.4 | 1.8 | 1.4 |
| Administrative and support service activities | 0.3 | 0.6 | –0.1 | 1.0 |
| Construction | 1.0 | 0.4 | 2.6 | 1.8 |
| TOTAL | 0.2 | 0.4 | 1.3 | 1.3 |
- Scope: non-agricultural market sector excluding services to households
- Sources: ACOSS, DARES, INSEE
Downward revision of LCI – wages and salaries for Q3 2016
The variation in LCI - wages and salaries in the third quarter of 2016 in the non-agricultural market sector excluding services to households has been revised downwards by 0.1 percentage points, quarter on quarter as year on year.
The labour cost index - total labour cost increased by 0.3%
In the fourth quarter of 2016, the labour cost index (LCI) - total labour cost in the non-agricultural market sector picked up sligthly in comparison to the previous quarter (+0.3%, after +0.1% in seasonally adjusted data).
Year on year, the LCI - total labour cost increased almost at the same path as in the third quarter (+1.1% after +1.2%). Without the tax credit for encouraging competitiveness and jobs (CICE), the growth would have been virtually the same.
graphiqueGraph2 – LCI - total labor cost: year-on-year changes
- Scope: non-agricultural market sector excluding services to households
- Sources: ACOSS, DARES, INSEE
Downward revision of LCI – total labour cost for Q3 2016
The variation in LCI – total labour cost in the third quarter of 2016 in the non-agricultural market sector has been revised downwards by 0.1 percentage points, quarter on quarter as year on year.
tableauTable2 – LCI - total labor cost
| Quarterly variations (%) | Annual variations (%) | |||
|---|---|---|---|---|
| Q3-16 | Q4-16 | Q3-16 | Q4-16 | |
| Industry | 0.1 | 0.3 | 1.3 | 1.1 |
| Mining and quarrying | 0.7 | 0.8 | 1.8 | 2.0 |
| Manufacturing | 0.1 | 0.3 | 1.2 | 0.9 |
| Electricity, gas, steam and air conditioning supply | –0.2 | 0.4 | 2.6 | 2.6 |
| Water supply; sewerage, waste management and remediation activities | 0.4 | 0.4 | 1.0 | 1.3 |
| Services | 0.1 | 0.3 | 0.9 | 1.0 |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 0.2 | 0.3 | 1.2 | 1.3 |
| Transportation and storage | 0.0 | 0.0 | 1.0 | 0.9 |
| Accommodation and food service activities | 0.0 | 0.8 | 0.3 | 0.8 |
| Information and communication | 0.4 | 0.0 | 1.7 | 1.3 |
| Financial and insurance activities | 0.3 | 0.9 | 1.2 | 1.7 |
| Real estate activities | 0.7 | 1.1 | 3.0 | 3.1 |
| Professional, scientific and technical activities | –0.1 | 0.3 | 1.5 | 1.1 |
| Administrative and support service activities | –0.1 | 0.3 | –0.2 | 0.8 |
| Construction | 1.0 | 0.4 | 3.2 | 2.4 |
| TOTAL | 0.1 | 0.3 | 1.2 | 1.1 |
- Scope: non-agricultural market sector excluding services to households
- Sources: ACOSS, DARES, INSEE
tableauTable3 – LCI - total labor cost (without CICE)
| Quarterly variations (%) | Annual variations (%) | |||
|---|---|---|---|---|
| Q3-16 | Q4-16 | Q3-16 | Q4-16 | |
| Industry | 0.1 | 0.4 | 1.3 | 1.1 |
| Mining and quarrying | 0.7 | 0.8 | 2.2 | 2.4 |
| Manufacturing | 0.1 | 0.3 | 1.2 | 0.9 |
| Electricity, gas, steam and air conditioning supply | –0.2 | 0.4 | 2.6 | 2.6 |
| Water supply; sewerage, waste management and remediation activities | 0.4 | 0.4 | 1.0 | 1.3 |
| Services | 0.1 | 0.3 | 0.9 | 1.1 |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 0.2 | 0.3 | 1.2 | 1.3 |
| Transportation and storage | 0.0 | 0.0 | 1.0 | 0.9 |
| Accommodation and food service activities | 0.0 | 0.8 | 0.4 | 0.9 |
| Information and communication | 0.4 | 0.0 | 1.7 | 1.3 |
| Financial and insurance activities | 0.3 | 0.9 | 1.2 | 1.7 |
| Real estate activities | 0.7 | 1.1 | 3.0 | 3.1 |
| Professional, scientific and technical activities | –0.1 | 0.3 | 1.5 | 1.1 |
| Administrative and support service activities | –0.1 | 0.3 | –0.2 | 0.9 |
| Construction | 1.0 | 0.4 | 3.2 | 2.4 |
| TOTAL | 0.1 | 0.3 | 1.2 | 1.2 |
- Scope: non-agricultural market sector excluding services to households Sources: ACOSS, DARES, INSEE
Documentation
Methodological Note (pdf,132 Ko)
Estimate of effects of new 2016 measures (pdf,164 Ko)
Supplementary Methodological Note SA-WDA (pdf,257 Ko)
Pour en savoir plus
