Labour Costs in Canada increased to 124.15 points in the first quarter of 2022 from 120.53 points in the fourth quarter of 2021. source: Statistics Canada

Labour Costs in Canada averaged 81.26 points from 1981 until 2022, reaching an all time high of 124.15 points in the first quarter of 2022 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 July of 2022.

Labour Costs in Canada is expected to be 122.21 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 128.18 points in 2023 and 132.28 points in 2024, according to our econometric models.

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Canada Labour Costs



Related Last Previous Unit Reference
Unemployment Rate 5.10 5.20 percent May 2022
Employed Persons 19640.30 19600.50 Thousand May 2022
Unemployed Persons 1057.80 1085.80 Thousand May 2022
Full Time Employment 135.40 -31.60 Thousand May 2022
Part Time Employment -95.80 47.10 Thousand May 2022
Employment Change 39.80 15.30 Thousand May 2022
Labor Force Participation Rate 65.30 65.30 percent May 2022
Youth Unemployment Rate 9.80 10.10 percent May 2022
Labour Costs 124.15 120.53 points Mar 2022
Productivity 106.98 107.46 points Mar 2022
Wages 28.68 28.53 CAD/Hour Apr 2022
Minimum Wages 15.50 15.00 CAD/Hour Oct 2022
Wages in Manufacturing 28.67 28.90 CAD/Hour Apr 2022
Population 38.44 38.01 Million Dec 2021
Employment Rate 61.90 61.90 percent May 2022
Average Hourly Earnings 32.14 31.80 CAD May 2022
Non Farm Payrolls 17457.00 17311.00 Thousand Apr 2022
Wage Growth 4.30 2.10 percent Mar 2022
Job Vacancies 890385.00 915545.00 Mar 2022