Labour Costs in Canada increased to 112.10 points in the first quarter of 2020 from 110.94 points in the fourth quarter of 2019.

Labour Costs in Canada averaged 79.42 points from 1981 until 2020, reaching an all time high of 112.10 points in the first quarter of 2020 and a record low of 44.07 points in the first quarter of 1981. This page provides - Canada Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Labour Costs - values, historical data and charts - was last updated on July of 2020. source: Statistics Canada

Labour Costs in Canada is expected to be 114.24 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Canada to stand at 116.02 in 12 months time. In the long-term, the Canada Labour Costs is projected to trend around 119.18 points in 2021 and 122.99 points in 2022, according to our econometric models.

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Canada Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
112.10 110.94 112.10 44.07 1981 - 2020 points Quarterly
SA, 2012=100

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.70 13.00 13.70 2.90 percent [+]
Employed Persons 16474.50 16184.90 19189.40 9636.70 Thousand [+]
Unemployed Persons 2619.20 2418.30 2619.20 691.50 Thousand [+]
Part Time Employment 70.30 -521.90 136.30 -536.70 Thousand [+]
Full Time Employment 219.40 -1472.00 219.40 -1472.00 Thousand [+]
Employment Change 289.60 -1993.80 289.60 -1993.80 Thousand [+]
Labor Force Participation Rate 61.40 59.80 67.70 59.80 percent [+]
Youth Unemployment Rate 29.70 27.20 29.70 10.20 percent [+]
Productivity 110.55 106.90 110.55 67.26 points [+]
Labour Costs 112.10 110.94 112.10 44.07 points [+]
Wages 27.26 26.76 27.26 13.73 CAD/Hour [+]
Wages in Manufacturing 27.19 26.44 27.71 14.96 CAD/Hour [+]
Minimum Wages 14.00 14.00 14.00 1.00 CAD/Hour [+]
Population 37.78 37.31 37.78 17.91 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 9.10 3.20 9.10 -0.40 percent [+]
Job Vacancies 562910.00 581595.00 581595.00 330215.00 [+]
Non Farm Payrolls 14271.20 16101.40 17080.90 10863.80 Thousand [+]
Adp Employment Change 208.40 -226.70 208.40 -226.70 Thousand [+]
Average Hourly Earnings 31.34 31.35 31.35 15.88 CAD [+]
Employment Rate 52.90 52.10 63.70 52.10 percent [+]