This question is about average labor cost statistics.

What is the average cost of labor?

By Zippia Team - Feb. 14, 2022

The average cost of labor is 20-35% of gross sales. However, the average cost across different sectors and industries can vary significantly. For example, the metal ore mining industry has seen a 202% increase in the cost of labor since 1987, while the cost of labor for computer and electronic products has decreased by 78.4% since 1987.

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