The CHHMA is pleased to now have available the Employment & Wages 2019 Report, prepared by our data analyst Bob Smith, which provides information on employment and wages by province & industry across Canada.    

The report found that Canadian unit labour costs rose 2.9% in 2019, following a 2.4% gain in the previous year. This increase was mainly due to growth in hourly compensation (+3.4%).  Meanwhile, labour productivity of Canadian businesses grew 0.6% during 2019, after edging down 0.1% in the previous year. Real GDP of businesses (+1.4%) grew at a faster pace than hours worked (+0.9%).

The key conclusion of the report is that labour dynamics are changing. Labour shortages due to major infrastructure projects, a mobile workforce and the cost of technology to increase productivity are changing the labour market. Wage increases may only delay the inevitable.

For additional tables, download the Excel file here.