Canadians’ Weekly Earnings Continue to Climb

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OTTAWA — Last year was a tough one for the foodservice industry, but there is some good news, too. According to Statistics Canada’s preliminary report on payroll employment, earnings and hours, Canadians’ weekly earnings increased 4.4 per cent, between October 2009 and October 2010, to an average of $860.

October was the third consecutive month in which the year-over-year growth rate was higher than four per cent. Prior to this period, the increase surpassed three per cent for four months in a row. For most of 2009, the rate of growth was below two per cent.

Some growth was attributed to a 0.9 per cent increase in the average number of hours worked, but the majority of the gain comes from wage growth, changes in the composition of employment by industry, changes in occupations within industry and job experience.

 

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