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 September 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.

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Canada Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
116.31 112.10 116.31 44.07 1981 - 2020 points Quarterly
SA, 2012=100

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 10.90 13.70 2.90 percent [+]
Employed Persons 18091.70 17845.90 19189.40 9636.70 Thousand [+]
Unemployed Persons 2046.90 2183.60 2619.20 691.50 Thousand [+]
Part Time Employment 40.00 345.30 464.80 -536.70 Thousand [+]
Full Time Employment 205.80 73.20 488.10 -1472.00 Thousand [+]
Employment Change 245.80 418.50 952.90 -1993.80 Thousand [+]
Labor Force Participation Rate 64.60 64.30 67.70 59.80 percent [+]
Youth Unemployment Rate 23.10 24.20 29.40 10.20 percent [+]
Productivity 122.39 111.46 122.39 67.26 points [+]
Labour Costs 116.31 112.10 116.31 44.07 points [+]
Wages 26.85 27.16 27.26 13.73 CAD/Hour [+]
Wages in Manufacturing 26.82 26.26 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 8.70 9.30 10.30 -0.40 percent [+]
Job Vacancies 562910.00 581595.00 581595.00 330215.00 [+]
Non Farm Payrolls 14368.20 13701.70 17080.90 10863.80 Thousand [+]
Adp Employment Change -205.40 -523.00 116.70 -2951.40 Thousand [+]
Average Hourly Earnings 30.54 30.63 31.35 15.88 CAD [+]
Employment Rate 58.00 57.30 63.70 52.10 percent [+]