Labour Costs in Canada increased to 116.31 points in the second quarter of 2020 from 112.10 points in the first quarter of 2020.
Labour Costs in Canada averaged 79.65 points from 1981 until 2020, reaching an all time high of 116.31 points in the second 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 October 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 120.38 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.