HomeBusiness & FinanceCanadians’ average earnings on a weekly basis : StatCan

Canadians’ average earnings on a weekly basis : StatCan

Canadians’ average earnings on a weekly basis : StatCan

Canadians earned $1,253 per week on average in June – a figure consistent with months prior, but still four per cent higher than the same time last year, Statistics Canada reported Thursday.

 

People on average worked about 33.5 hours each week, consistent with last month and 0.6 per cent higher year-over-year.

 

Meanwhile, there were 2.6 unemployed people for each vacant job, slightly higher than the month before. That ratio has widened for five months in a row, and has generally done so since July 2022. At that time, the ratio was one to one.

Vacancies increased in a handful of sectors:

 

  • Administrative and support, waste management and remediation services, 16 per cent increase;
  • Transportation and warehousing, 12.4 per cent increase;
  • Education services, 16.3 per cent;
  • Information and cultural industries, 54.6 per cent increase; and
  • Arts, entertainment and recreation, 16.3 per cent increase.

 

The following industries saw fewer vacancies in June:

  • Accommodation and food services, 10.8 per cent decrease; and
  • Finance and insurance, 20.9 per cent decrease.

Due to those shifts, the overall vacancy rate was unchanged in June, compared to May.

 

 

 

This article was first reported by CTV News