Average weekly earnings of non-farm payroll employees in Canada grew 6.6% year-on-year to CAD 1,110 in November of 2020, following a downwardly revised 5.6% gain in the previous month, as job losses due to COVID-19 pandemic have been concentrated among hourly and largely lower-paid employees. Payroll employment fell in the services-producing sector (-0.4%; -45,500), the first decline since May and was concentrated in accommodation and food services (-48,200), with smaller declines in several other sectors, including arts, entertainment and recreation (-8,800) and transportation and warehousing (-6,700). Employment in the goods-producing sector was little changed. Payroll employment in the services-producing sector and the goods-producing sector was 6.8% and 4.7% below the pre-COVID level, respectively. source: Statistics Canada

Wage Growth in Canada averaged 2.39 percent from 1992 until 2020, 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 February of 2021.

Wage Growth in Canada is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Canada to stand at 3.50 in 12 months time. In the long-term, the Canada Average Weekly Earnings YoY is projected to trend around 3.50 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Canada Average Weekly Earnings YoY

Actual Previous Highest Lowest Dates Unit Frequency
6.60 5.60 10.30 -0.40 1992 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-29 12:30 PM Aug 7.9% 8.2%
2020-11-26 01:30 PM Sep 6.9% 7.5% 7.5%
2020-12-22 01:30 PM Oct 5.9% 6.6%
2021-01-28 01:30 PM Nov 6.6% 5.6%
2021-02-25 01:30 PM Dec 6.6%
2021-03-30 12:30 PM Jan
2021-04-29 12:30 PM Feb
2021-05-27 12:30 PM Mar


News Stream
Canada Weekly Earnings Rise 6.6% YoY in November
Average weekly earnings of non-farm payroll employees in Canada grew 6.6% year-on-year to CAD 1,110 in November of 2020, following a downwardly revised 5.6% gain in the previous month, as job losses due to COVID-19 pandemic have been concentrated among hourly and largely lower-paid employees. Payroll employment fell in the services-producing sector (-0.4%; -45,500), the first decline since May and was concentrated in accommodation and food services (-48,200), with smaller declines in several other sectors, including arts, entertainment and recreation (-8,800) and transportation and warehousing (-6,700). Employment in the goods-producing sector was little changed. Payroll employment in the services-producing sector and the goods-producing sector was 6.8% and 4.7% below the pre-COVID level, respectively.
2021-01-28
Canada Weekly Earnings Rise 5.9% YoY in October
Average weekly earnings of non-farm payroll employees in Canada grew 5.9 percent year-on-year to CAD 1,106 in October of 2020, following a downwardly revised 6.6 percent gain in the previous month, as job losses throughout the COVID-19 economic shutdown were concentrated among lower-paid employees. Payroll employment continued to recover in both the services-producing (+1.3%; +162,300) and the goods-producing (+0.7%; +20,400) sectors. In services, gains were widespread, with the largest monthly increases in retail trade (+27,800), educational services (+18,200) and health care and social assistance (+17,200). In the goods-producing sector, employment growth paused in manufacturing, while it continued in construction (+17,600), accounting for almost all of the increase. Payroll employment in the services-producing sector and the goods-producing sector was 6.5% and 4.9% below the pre-COVID level respectively in October.
2020-12-22
Canada Weekly Earnings Rise 6.9% YoY in September
Average weekly earnings of non-farm payroll employees in Canada grew 6.9 percent year-on-year to CAD 1,111 in September of 2020, following a downwardly revised 7.5 percent gain in the previous month, as job losses throughout the COVID-19 economic shutdown were more concentrated among lower-paid employees. The increase was led by arts, entertainment & recreation (14.8 percent to CAD 721); information & cultural industries (14.1 percent to CAD 1,543); finance & insurance (9.4 percent to CAD 1,466); and real estate & rental and leasing (8.4 percent to CAD 126). Meanwhile, earnings declined in management of companies & enterprises (-15.1 percent to CAD 1,372); mining (-2.5 percent to CAD 2,018); and utilities (-2.5 percent to CAD 1,836).
2020-11-26
Canada Weekly Earnings Rise 7.9% YoY in August
Average weekly earnings of non-farm payroll employees in Canada grew 7.9 percent year-on-year to CAD 1,114 in August of 2020, following a downwardly revised 8.2 percent gain in the previous month. The increase was led by arts, entertainment & recreation (13.1 percent to CAD 716); finance & insurance (11.4 percent to CAD 1,520); information & cultural industries (11.3 percent to CAD 1,442); wholesale trade (10 percent to CAD 1,342); public administration (9.5 percent to CAD 1,457); and health care & social assistance (9.4 percent to CAD 1,012). On the other hand, earnings declined in utilities (-0.4 percent to CAD 1,842); and management of companies & enterprises (-0.3 percent to CAD 1,604).
2020-10-29

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.