Labour Costs in Canada increased to 125.36 points in the third quarter of 2022 from 124.70 points in the second quarter of 2022. source: Statistics Canada

Labour Costs in Canada averaged 81.75 points from 1981 until 2022, reaching an all time high of 125.36 points in the third quarter of 2022 and a record low of 44.04 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 February of 2023.

Labour Costs in Canada is expected to be 125.79 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Labour Costs is projected to trend around 129.91 points in 2024 and 132.77 points in 2025, according to our econometric models.

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Canada Labour Costs



Related Last Previous Unit Reference
Unemployment Rate 5.00 5.10 percent Dec 2022
Unemployed Persons 1036.90 1049.60 Thousand Dec 2022
Employed Persons 19770.30 19666.30 Thousand Dec 2022
Part Time Employment 19.50 -40.60 Thousand Dec 2022
Full Time Employment 84.50 50.70 Thousand Dec 2022
Employment Change 104.00 10.10 Thousand Dec 2022
Labor Force Participation Rate 65.00 64.80 percent Dec 2022
Youth Unemployment Rate 10.10 10.30 percent Dec 2022
Productivity 108.45 107.75 points Sep 2022
Labour Costs 125.36 124.70 points Sep 2022
Wages 29.09 28.96 CAD/Hour Nov 2022
Wages in Manufacturing 29.99 29.80 CAD/Hour Nov 2022
Minimum Wages 15.50 15.00 CAD/Hour Oct 2022
Population 38.44 38.01 Million Dec 2021
Employment Rate 61.80 61.50 percent Dec 2022
Average Hourly Earnings 32.85 32.85 CAD Dec 2022
Wage Growth 4.20 3.40 percent Nov 2022
Non Farm Payrolls 17708.00 17695.00 Thousand Nov 2022
Job Vacancies 991680.00 1031955.00 Sep 2022