Definition: Labour Cost Survey (LCS)

Category: Labour cost

A survey conducted every four years in the Member States of the European Union (EU) measuring the level and structure of labour costs, or total expenditure borne by employers for the purpose of employing staff. http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Glossary:Labour_cost_survey_(LCS)
Source:
Statistics Explained, a distinct section of the official Eurostat website presenting all statistical topics in an easily understandable way, Glossary
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