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The first chart is labeled "Hourly wage after taxes (€)" and links to a specific table in official Eurostat[0]. This Eurostat table is "Labour cost levels by NA
by themgt 7mo ago
The first chart is labeled "Hourly wage after taxes (€)" and links to a specific table in official Eurostat[0]. This Eurostat table is "Labour cost levels by NACE Rev. 2 activity" - afaict Eurostat defines[1] "labour cost" 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 labour costs minus any subsidies received, but not vocational training costs or other expenditure such as recruitment costs and spending on working clothes
In other words, this doesn't whatsoever represent "hourly wage after taxes" and this article is complete slop.
[0] https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_LEV__custom_20807131/default/table https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_LEV__c...
[1] https://ec.europa.eu/eurostat/cache/metadata/de/lc_lci_lev_esms.htm https://ec.europa.eu/eurostat/cache/metadata/de/lc_lci_lev_e...
- sam_lowry_ 7mo agoThis should be the top comment and shame on Euronews for the slop!