|
Labour market indicators
Unemployment rate in
2001:
5.3%
(ILO data)
Working population:
Employment by sector:
| Sources: ILO, Eurostat, last available data |
|
Employment contracts
Legal clauses regulate employment contracts and to a lesser degree collective agreements and individual negotiations.
The terms of employment contracts are very rigid. The limits for dismissal and the conditions for hiring are flexible.
Salaries
National monthly minimum wage as of 01/01/03:
US$ 3.70 ($NZ 7.70) by hour
Average wage for a employee
in the manufacturing industry in
2004:
19.29
dollars
by
hour
(ILO data)
Social security contributions
Employer: The rate varies depending on the number of employees.
Employee:
0.7 %.
| 