labour costs Archives - Financial Mirror

A minimum wage for all?

It took several years of hard-fought negotiations among social partners in Cyprus to conclude a national minimum wage, set in stone earlier this year, with an option to increase it in the

17th December 2023

Comment/Cyprus/Editorial

Cost of labour rises amid inflation hike

In the last quarter of 2021, the average hourly labour cost in Cyprus was estimated to have edged up by 1.6%, compared with the same quarter of the previous year, according to

25th March 2022

Cyprus/Economy

Eurozone labour costs grow 1.5%, drop 1.7% in Cyprus

Hourly labour costs decreased in Cyprus by 1.7% in the first quarter of 2021, while in the rest of the euro area, they increased 1.5% year-on-year; it was a higher 1.7% in

17th June 2021

Cyprus/Economy