Canada: Wages increase minimal over last year
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Canada: Wages increase minimal over last year

Toronto : Canada | Nov 24, 2011 at 12:28 PM PST
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Income Gap Growing

Over the last year ending this September wages in Canada rose a mere 1.1 per cent according to figures from Statistics Canada. This is the smallest increase since November of 2009.
Although the average showed a small increase over the year, September average weekly earnings of non-farm workers actually declined by .3 per cent. This is just the nominal decrease and does not take into account that the inflation rate was 3.2 per for the month. Average weekly wages have been declining since April when they reached a peak of 4.1 per cent.
The uncertain economic outlook may lead to a lessening demand for increased wages as many workers are happy enough just to have work. The government points out that 600,000 jobs have been created since the recession. However the other side of this story is that almost a million more have entered the labor market. Unemployment remains at 7.3 per cent. This is a large reserve army of the unemployed that will also keep wages low. For much more see this article.

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Statistics Canada says 109,000 jobs were created in Canada in April
Statistics Canada says 109,000 jobs were created in Canada in April
northsunm32 is based in Brandon, Manitoba, Canada, and is an Anchor for Allvoices.
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Posted By mhatter99 Martin Kloess | over 1 year ago
well written piece - thank you
Posted By mrspleats mrspleats | over 1 year ago
Still better than the almighty US and other countries.I guess we have we have many things to be thankful for in Canada - at least there still remains a great social safety net.

Rated up for Canada


Have a great evening!!
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