Canada Wage Growth YoYCanada Wage Growth YoYCanada Wage Growth YoY

Canada Wage Growth YoY

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
Highest
10.10% on May 31, 2020
Lowest
−0.40% on May 31, 2001

About Canada Wage Growth YoY


Category
Labor
Frequency
Monthly
Units
%
In Canada, average weekly earnings (including overtime) refers to the gross taxable payroll (including overtime) divided by the number of employees. It is calculated for all types of employees. In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.