Canada Productivity - Forecast

Productivity in Canada is expected to be 108.83 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Canada to stand at 108.68 in 12 months time. In the long-term, the Canada Productivity is projected to trend around 108.42 Index Points in 2020, according to our econometric models.


Canada Productivity
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Canada Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.9 5.6 5.6 6 5.9 6.7
Employed Persons 18557 18558 18531 18514 18503 18100
Unemployed Persons 1153 1143 1149 1155 1300 1340
Part Time Employment -137 22.38 4.44 4.12 4.29 4.29
Full Time Employment 49 22.85 18.32 15.61 14.04 12.79
Employment Change -88 2.71 11.45 12.97 14.97 16.71
Labor Force Participation Rate 65.5 66.3 66.3 66.1 66.4 67
Youth Unemployment Rate 10.9 11 11.5 12 12 11.8
Productivity 109 109 109 109 109 108
Labour Costs 115 114 114 114 119 123
Wages 24.75 24.67 24.67 24.67 24.66 25.53
Wages in Manufacturing 25.96 26.5 26.4 26.8 27.4 30
Minimum Wages 14 14 14 14 14 15
Population 36.89 37.3 37.3 37.3 37.3 37.9
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Non Farm Payrolls 16349 16100 16100 16370 16000 16000
Job Vacancies 467685 371101 399866 427318 414607 405491
Living Wage Family 2690 2750 2750 2750 2750 2800
Living Wage Individual 1970 2030 2039 2048 2057 2028
Adp Employment Change 10.7 13.48 15.33 14.94 15.02 15.01
Employment Rate 61.7 61.3 61.3 61.43 61.7 62.2