Average weekly earnings of non-farm payroll employees in Canada rose to 3.6% year-on-year to $1,201 in May 2023, after a 2.9% advance in the prior month. It was the highest increase in earnings since November last year, with 19 of the 20 sectors reporting gains. The largest gains were seen in forestry & logging (+10% to $1,404), utilities (+6.7% to $2,155) and other services, excluding public administration (+6.5% to $1,025). Across Canadian provinces, earnings surged the most in Nunavut (+7.4% to $1,658), Nova Scotia (+5.5% to $1,065) and Manitoba (+4.7% to $1,094). source: Statistics Canada

Wage Growth in Canada averaged 2.45 percent from 1992 until 2023, reaching an all time high of 10.30 percent in May of 2020 and a record low of -0.40 percent in May of 2001. This page provides - Canada Average Weekly Earnings YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Average Weekly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Wage Growth in Canada is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Average Weekly Earnings YoY is projected to trend around 1.00 percent in 2024 and 1.30 percent in 2025, according to our econometric models.

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Canada Average Weekly Earnings YoY



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-29 12:30 PM Apr 2.9% 1.4% 1.3%
2023-07-27 12:30 PM May 3.6% 2.9% 3.0%
2023-08-31 12:30 PM Jun 3.6% 3.4%


Related Last Previous Unit Reference
Unemployment Rate 5.50 5.40 percent Jul 2023
Employed Persons 20166.40 20172.80 Thousand Jul 2023
Unemployed Persons 1166.80 1147.10 Thousand Jul 2023
Part Time Employment -8.10 -49.80 Thousand Jul 2023
Full Time Employment 1.70 109.60 Thousand Jul 2023
Employment Change -6.40 59.90 Thousand Jul 2023
Labor Force Participation Rate 65.60 65.70 percent Jul 2023
Youth Unemployment Rate 10.20 11.50 percent Jul 2023
Labour Costs 130.69 129.05 points Mar 2023
Productivity 106.42 107.06 points Mar 2023
Wages 29.76 29.67 CAD/Hour May 2023
Wages in Manufacturing 31.24 31.49 CAD/Hour May 2023
Minimum Wages 16.65 15.55 CAD/Hour Apr 2023
Population 39.29 38.43 Million Dec 2022
Average Hourly Earnings 34.55 34.20 CAD Jul 2023
Employment Rate 62.00 62.20 percent Jul 2023
Wage Growth 3.60 2.90 percent May 2023
Non Farm Payrolls 17990.00 17860.00 Thousand May 2023
Job Vacancies 781205.00 855890.00 Mar 2023

Canada Average Weekly Earnings YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.60 2.90 10.30 -0.40 1992 - 2023 percent Monthly
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News Stream
Canada Weekly Earnings Rise the Most in 6 Months
Average weekly earnings of non-farm payroll employees in Canada rose to 3.6% year-on-year to $1,201 in May 2023, after a 2.9% advance in the prior month. It was the highest increase in earnings since November last year, with 19 of the 20 sectors reporting gains. The largest gains were seen in forestry & logging (+10% to $1,404), utilities (+6.7% to $2,155) and other services, excluding public administration (+6.5% to $1,025). Across Canadian provinces, earnings surged the most in Nunavut (+7.4% to $1,658), Nova Scotia (+5.5% to $1,065) and Manitoba (+4.7% to $1,094).
2023-07-27
Canada Weekly Earnings Rise the Most in 5 Months
Average weekly earnings of non-farm payroll employees in Canada rose to 2.9% year-on-year to $1,194 in April 2023, after a 1.4% advance in the prior month. It was the highest increase in earnings since November last year, with 18 of the 20 sectors reporting gains. The largest gains were seen in management of companies & enterprises (+14% to $1,678), utilities (+10.3% to $2,131), forestry & logging (+10% to $1,432) and construction (+7.3% to $1,514). Across Canadian provinces, earnings surged the most in Nunavut (+10.9% to $1,667), Northwest Territories (+5.4% to $1,611), Manitoba (+5.4% to $1,096) and Prince Edward Island (+4.3% to $1,003).
2023-06-29
Canada Weekly Earnings Growth Continues to Ease
Average weekly earnings of non-farm payroll employees in Canada rose 1.4% year-on-year to $1,185 in March 2023, after an upwardly revised 1.9% advance in the prior month. It was the slowest increase in average weekly earnings since June 2021, with 14 of the 20 sectors reporting gains. The largest gains were seen in management of companies & enterprises (+11.2% to $1,669), mining, quarrying, and oil & gas extraction (+8.7% to $2,355) and information & cultural industries (+8.5% to $1,728). Nunavut (+12.4% to $1,709) recorded the largest proportional gain in average weekly earnings in March, followed by Manitoba (+5.2% to $1,091) and Saskatchewan (+4% to $ 1,176).
2023-05-25