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Canada Payroll Earnings Rise 3.2% in November From Year Earlier
Canadian average weekly earnings of non-farm payroll employees rose 3.2 percent in November from a year earlier, led by a 6.6 percent gain for construction workers.
On a monthly basis, earnings rose 0.5 percent to C$910.77 ($909.13), Statistics Canada said today in Ottawa. The average workweek rose to 33.2 hours in November from 33.1 hours in October and 32.9 hours a year earlier.
The 12-month wage increase exceeded the Bank of Canada’s 2 percent inflation target for the seventh consecutive month. Consumer prices advanced at year-over-year rates of 0.8 percent in November and December.
Payroll employment rose by 3,100 in November to 15.28 million, little changed on a percentage basis and up 1.5 percent from a year earlier.
Statistics Canada’s main employment report, the labor force survey of households, reported job gains of 59,300 in November and 39,800 in December.
To contact the reporter on this story: Greg Quinn in Ottawa at firstname.lastname@example.org