Canada Wage Growth YoYCanada Wage Growth YoYCanada Wage Growth YoY

Canada Wage Growth YoY

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Feb 2024
Highest
10.30%May 31, 2020
Lowest
−0.40%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.