Unit Labour Cost

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ULC
Pronunciation
/ˈjunɪt ˈleɪbər kɔst/
Category
Medical
Related Field
British Medicine

Examples in Context

  1. Product upgrades and productivity gains have countered the rise in the unit labour cost.
  2. This means that although real income has been increasing, this has been more than offset by productivity gains and unit labour cost for companies has actually been falling.
  3. One-size-fits-all requires downward unit labour cost adjustments in countries with high unemployment and major competitiveness problems; it requires all national fiscal and supervisory policies to avoid any build-up of imbalances and boom-bust cycles.
  4. From 2000 to 2008, the Greek unit labour cost rose 24 per cent while that of Germany rose a mere 4 per cent. Then came the crisis, and austerity.
  5. In this article, the author tried to establish an analysis index of China-US manufacturing relative unit labour cost so as to clarify the above issue.

Other meanings of ULC

Underwriters Laboratories of Canada Business
Universal Life Church Community
Universal Lending Corporation Business
Urban Libraries Council Academic
Uniform Law Commission Misc
Unit- Level Code Computing
Ultimate Living Center Business
Ultra Light Client Computing
Universal Line Card Computing
Universal Life Church World Headquarters, Incorporated Community