• Average weekly earnings of Canadian non-farm payroll employees increases 1.6% in July

Market news

25 September 2015

Average weekly earnings of Canadian non-farm payroll employees increases 1.6% in July

Statistics Canada released its average weekly earnings data of Canadian non-farm payroll employees on Thursday. Average weekly earnings of Canadian non-farm payroll employees increased 1.6% in July year-on-year.

Weekly earnings rose C$957 in July from C$954 a year earlier.

The increase was driven by wage growth, changes in the composition of employment by industry, occupation, level of job experience and average hours worked per week.

Employees in Canada worked an average 33.0 hours per week in July, unchanged from both the previous month and from the same month a year earlier.

Total non-farm employment climbed by 38,200 month-on-month in July.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.