Labour Costs in China decreased to 61.40 points in August from 65.10 points in July of 2024. Labour Costs in China averaged 81.98 points from 2011 until 2024, reaching an all time high of 97.40 points in September of 2011 and a record low of 57.10 points in April of 2020. source: CKGSB Cheung Kong Graduate School of Business



Related Last Previous Unit Reference
Average Weekly Hours 48.70 48.60 Hours Jul 2024
Employed Persons 74041.00 73351.00 Tens of Thousands Dec 2023
Labour Costs 61.40 65.10 points Aug 2024
Minimum Wages 2590.00 2590.00 CNY/Month Jan 2024
Population 1409.67 1411.75 Million Dec 2023
Retirement Age Men 60.00 60.00 Years Dec 2024
Retirement Age Women 55.00 55.00 Years Dec 2024
Unemployment Rate 5.20 5.00 percent Jul 2024
Wages 120698.00 114029.00 CNY/Year Dec 2023
Wages in Manufacturing 97528.00 92459.00 CNY/Year Dec 2022
Youth Unemployment Rate 17.10 13.20 percent Jul 2024

China Labour Costs Index
In China, the Labor Cost Index comes from the CKGSB Business Conditions survey. The index takes 50 as its threshold, so an index value above 50 means that the variable that the index measures is increased, while an index value below 50 means that the variable fell.
Actual Previous Highest Lowest Dates Unit Frequency
61.40 65.10 97.40 57.10 2011 - 2024 points Monthly
NSA