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Eurozone Compared by Labor > Firing cost > Weeks of wages

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DEFINITION: Firing cost is the cost of advance notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.
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# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Portugal 98.7 weeks of wages 2006
=2 Greece 69.3 weeks of wages 2006
=2 Germany 69.3 weeks of wages 2006
=4 Spain 56.3 weeks of wages 2006
=4 Austria 56.3 weeks of wages 2006
6 Ireland 49 weeks of wages 2006
7 Slovenia 39.6 weeks of wages 2006
8 Estonia 34.7 weeks of wages 2006
9 France 31.8 weeks of wages 2006
10 Finland 26 weeks of wages 2006
=11 Netherlands 17.3 weeks of wages 2006
=11 Latvia 17.3 weeks of wages 2006
13 Belgium 16 weeks of wages 2006
14 Slovakia 13 weeks of wages 2006
15 Italy 1.7 weeks of wages 2006

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Eurozone Compared by Labor > Firing cost > Weeks of wages

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Interesting observations about Labor > Firing cost > Weeks of wages

Factoid #256

  • What do Greece, Spain and South Africa have in common? Half their youth are unemployed.

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