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CRED

Average Hourly Earnings

(AVG_HOURLY_EARNINGS)
Observations
Aug 2026: 33.1
Updated: 2026-11-02, 9:09:35 a.m. ET
Units
Dollars per hour,
Employees paid by the hour, including overtime
Frequency
Monthly
Source
Statistics Canada, Survey of Employment, Payrolls and Hours
Series ID
AVG_HOURLY_EARNINGS
Table 14-10-0205-01
CREDAverage Hourly Earnings
COVID-19 recessionGlobal Financial Crisis16182022242628303234200120042007201020132016201920222026Dollars per hour2001-01-01: 16.32001-02-01: 16.192001-03-01: 16.142001-04-01: 16.32001-05-01: 16.282001-06-01: 16.482001-07-01: 16.142001-08-01: 16.22001-09-01: 16.462001-10-01: 16.532001-11-01: 16.612001-12-01: 16.452002-01-01: 16.582002-02-01: 16.592002-03-01: 16.62002-04-01: 16.692002-05-01: 16.672002-06-01: 16.672002-07-01: 16.732002-08-01: 16.382002-09-01: 16.652002-10-01: 16.792002-11-01: 16.782002-12-01: 16.82003-01-01: 16.792003-02-01: 17.012003-03-01: 16.962003-04-01: 17.162003-05-01: 17.052003-06-01: 17.282003-07-01: 17.162003-08-01: 17.092003-09-01: 17.322003-10-01: 17.462003-11-01: 17.552003-12-01: 17.342004-01-01: 17.62004-02-01: 17.62004-03-01: 17.482004-04-01: 17.552004-05-01: 17.622004-06-01: 17.722004-07-01: 17.672004-08-01: 17.572004-09-01: 17.792004-10-01: 17.742004-11-01: 18.022004-12-01: 17.912005-01-01: 18.072005-02-01: 18.282005-03-01: 17.952005-04-01: 18.162005-05-01: 18.142005-06-01: 18.262005-07-01: 18.072005-08-01: 18.242005-09-01: 18.632005-10-01: 18.632005-11-01: 18.612005-12-01: 18.412006-01-01: 18.512006-02-01: 18.752006-03-01: 18.712006-04-01: 18.712006-05-01: 18.712006-06-01: 18.632006-07-01: 18.542006-08-01: 18.742006-09-01: 18.82006-10-01: 18.932006-11-01: 18.862006-12-01: 19.082007-01-01: 19.212007-02-01: 19.212007-03-01: 19.392007-04-01: 19.342007-05-01: 19.472007-06-01: 19.492007-07-01: 19.262007-08-01: 19.252007-09-01: 19.622007-10-01: 19.732007-11-01: 19.922007-12-01: 19.922008-01-01: 19.912008-02-01: 20.122008-03-01: 20.292008-04-01: 20.172008-05-01: 19.912008-06-01: 20.012008-07-01: 19.992008-08-01: 20.012008-09-01: 20.232008-10-01: 20.42008-11-01: 20.592008-12-01: 20.482009-01-01: 20.322009-02-01: 20.622009-03-01: 20.742009-04-01: 20.552009-05-01: 20.332009-06-01: 20.222009-07-01: 20.032009-08-01: 20.032009-09-01: 20.812009-10-01: 20.642009-11-01: 20.482009-12-01: 20.712010-01-01: 20.562010-02-01: 20.82010-03-01: 20.842010-04-01: 20.712010-05-01: 20.792010-06-01: 20.732010-07-01: 20.832010-08-01: 20.762010-09-01: 21.222010-10-01: 21.232010-11-01: 21.362010-12-01: 21.52011-01-01: 21.412011-02-01: 21.782011-03-01: 21.752011-04-01: 21.732011-05-01: 21.62011-06-01: 21.642011-07-01: 21.372011-08-01: 21.412011-09-01: 21.792011-10-01: 22.042011-11-01: 22.122011-12-01: 22.22012-01-01: 21.942012-02-01: 22.22012-03-01: 22.322012-04-01: 22.152012-05-01: 22.092012-06-01: 22.022012-07-01: 22.092012-08-01: 22.212012-09-01: 22.352012-10-01: 22.472012-11-01: 22.52012-12-01: 22.792013-01-01: 22.592013-02-01: 22.812013-03-01: 22.922013-04-01: 22.872013-05-01: 22.652013-06-01: 22.672013-07-01: 22.492013-08-01: 22.592013-09-01: 22.872013-10-01: 23.242013-11-01: 23.282013-12-01: 23.262014-01-01: 22.882014-02-01: 23.362014-03-01: 23.052014-04-01: 23.262014-05-01: 22.982014-06-01: 23.12014-07-01: 23.062014-08-01: 232014-09-01: 23.572014-10-01: 23.532014-11-01: 23.542014-12-01: 23.822015-01-01: 23.562015-02-01: 23.732015-03-01: 23.532015-04-01: 23.772015-05-01: 23.522015-06-01: 23.492015-07-01: 23.352015-08-01: 23.222015-09-01: 23.642015-10-01: 23.62015-11-01: 23.782015-12-01: 23.782016-01-01: 23.742016-02-01: 23.972016-03-01: 24.062016-04-01: 23.772016-05-01: 23.62016-06-01: 23.522016-07-01: 23.542016-08-01: 23.722016-09-01: 23.722016-10-01: 24.22016-11-01: 24.232016-12-01: 24.322017-01-01: 24.052017-02-01: 24.322017-03-01: 24.32017-04-01: 24.682017-05-01: 24.22017-06-01: 24.232017-07-01: 23.832017-08-01: 23.82017-09-01: 24.362017-10-01: 24.362017-11-01: 24.462017-12-01: 24.72018-01-01: 24.822018-02-01: 24.972018-03-01: 25.112018-04-01: 24.862018-05-01: 24.772018-06-01: 24.862018-07-01: 24.822018-08-01: 24.932018-09-01: 25.32018-10-01: 25.352018-11-01: 25.442018-12-01: 25.682019-01-01: 25.392019-02-01: 25.772019-03-01: 25.532019-04-01: 25.72019-05-01: 25.732019-06-01: 25.692019-07-01: 25.522019-08-01: 25.552019-09-01: 25.572019-10-01: 26.022019-11-01: 26.022019-12-01: 26.492020-01-01: 26.252020-02-01: 26.382020-03-01: 26.772020-04-01: 27.322020-05-01: 27.312020-06-01: 27.162020-07-01: 26.82020-08-01: 26.992020-09-01: 26.992020-10-01: 27.232020-11-01: 27.132020-12-01: 27.562021-01-01: 27.752021-02-01: 27.932021-03-01: 27.512021-04-01: 27.522021-05-01: 27.652021-06-01: 27.322021-07-01: 27.312021-08-01: 27.412021-09-01: 27.462021-10-01: 27.662021-11-01: 27.832021-12-01: 28.312022-01-01: 28.142022-02-01: 28.192022-03-01: 28.62022-04-01: 28.482022-05-01: 28.412022-06-01: 28.592022-07-01: 28.222022-08-01: 28.422022-09-01: 28.832022-10-01: 28.992022-11-01: 29.192022-12-01: 29.442023-01-01: 29.252023-02-01: 29.42023-03-01: 29.572023-04-01: 29.662023-05-01: 29.722023-06-01: 29.712023-07-01: 29.62023-08-01: 29.462023-09-01: 29.832023-10-01: 30.022023-11-01: 29.892023-12-01: 30.022024-01-01: 30.142024-02-01: 30.542024-03-01: 30.452024-04-01: 30.742024-05-01: 30.762024-06-01: 30.872024-07-01: 30.572024-08-01: 30.912024-09-01: 31.172024-10-01: 32.022024-11-01: 31.152024-12-01: 31.012025-01-01: 31.222025-02-01: 31.432025-03-01: 31.252025-04-01: 31.72025-05-01: 31.82025-06-01: 31.552025-07-01: 31.742025-08-01: 31.732025-09-01: 32.122025-10-01: 32.392025-11-01: 32.512025-12-01: 32.742026-01-01: 32.752026-02-01: 32.992026-03-01: 32.842026-04-01: 32.922026-05-01: 33.012026-06-01: 32.742026-07-01: 32.912026-08-01: 33.1
Source: Statistics Canada, Survey of Employment, Payrolls and Hours via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Source: Statistics Canada

Release: Survey of Employment, Payrolls and Hours

Units: Dollars per hour, Employees paid by the hour, including overtime

Frequency: Monthly

Notes: Average hourly earnings including overtime for employees paid by the hour, from the Survey of Employment, Payrolls and Hours. Because it comes from business payrolls rather than household interviews, it is the payroll-based read on wage growth that feeds into inflation analysis. Published monthly.

Suggested Citation: Statistics Canada, Average Hourly Earnings AVG_HOURLY_EARNINGS, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/AVG_HOURLY_EARNINGS, November 2, 2026.

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CREDUnemployment Rate
COVID-19 recession56789101112131415201620182020202220242026Percent2016-10-01: 6.92016-11-01: 6.82016-12-01: 6.92017-01-01: 6.92017-02-01: 6.62017-03-01: 6.72017-04-01: 6.52017-05-01: 6.62017-06-01: 6.52017-07-01: 6.32017-08-01: 6.22017-09-01: 6.22017-10-01: 6.32017-11-01: 6.22017-12-01: 62018-01-01: 5.92018-02-01: 62018-03-01: 5.82018-04-01: 5.82018-05-01: 5.92018-06-01: 62018-07-01: 5.92018-08-01: 62018-09-01: 5.82018-10-01: 5.62018-11-01: 5.72018-12-01: 5.62019-01-01: 5.72019-02-01: 5.82019-03-01: 5.82019-04-01: 5.72019-05-01: 5.52019-06-01: 5.62019-07-01: 5.72019-08-01: 5.72019-09-01: 5.62019-10-01: 5.62019-11-01: 5.92019-12-01: 5.62020-01-01: 5.52020-02-01: 5.82020-03-01: 8.52020-04-01: 13.72020-05-01: 14.22020-06-01: 12.62020-07-01: 10.92020-08-01: 10.12020-09-01: 9.12020-10-01: 92020-11-01: 8.62020-12-01: 8.92021-01-01: 9.22021-02-01: 8.52021-03-01: 7.72021-04-01: 8.22021-05-01: 8.32021-06-01: 7.92021-07-01: 7.42021-08-01: 7.12021-09-01: 72021-10-01: 6.52021-11-01: 6.12021-12-01: 5.92022-01-01: 6.42022-02-01: 5.52022-03-01: 5.42022-04-01: 5.42022-05-01: 5.22022-06-01: 4.92022-07-01: 4.82022-08-01: 5.22022-09-01: 5.12022-10-01: 5.12022-11-01: 52022-12-01: 52023-01-01: 5.12023-02-01: 5.22023-03-01: 5.12023-04-01: 5.12023-05-01: 5.22023-06-01: 5.42023-07-01: 5.42023-08-01: 5.42023-09-01: 5.52023-10-01: 5.72023-11-01: 5.82023-12-01: 5.82024-01-01: 5.72024-02-01: 5.92024-03-01: 6.12024-04-01: 6.22024-05-01: 6.32024-06-01: 6.42024-07-01: 6.42024-08-01: 6.62024-09-01: 6.52024-10-01: 6.62024-11-01: 72024-12-01: 6.72025-01-01: 6.72025-02-01: 6.62025-03-01: 6.82025-04-01: 6.92025-05-01: 72025-06-01: 6.92025-07-01: 6.92025-08-01: 7.12025-09-01: 7.12025-10-01: 6.92025-11-01: 6.62025-12-01: 6.82026-01-01: 6.52026-02-01: 6.72026-03-01: 6.72026-04-01: 6.92026-05-01: 6.62026-06-01: 6.52026-07-01: 6.42026-08-01: 6.42026-09-01: 6.5
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Unemployment Rate

CREDEmployment
COVID-19 recession160001650017000175001800018500190001950020000205002100021500201620182020202220242026Thousands of persons2016-10-01: 18051.22016-11-01: 180762016-12-01: 181042017-01-01: 18172.52017-02-01: 18216.62017-03-01: 18241.52017-04-01: 18271.62017-05-01: 18312.92017-06-01: 18371.42017-07-01: 18416.92017-08-01: 18436.42017-09-01: 18442.52017-10-01: 18475.12017-11-01: 18550.52017-12-01: 18619.72018-01-01: 18576.82018-02-01: 18570.32018-03-01: 18630.12018-04-01: 186132018-05-01: 18621.72018-06-01: 18677.62018-07-01: 18763.92018-08-01: 18704.72018-09-01: 18797.52018-10-01: 18814.92018-11-01: 18869.42018-12-01: 18892.82019-01-01: 18920.52019-02-01: 18965.72019-03-01: 18932.92019-04-01: 19053.72019-05-01: 19067.32019-06-01: 19078.62019-07-01: 19072.42019-08-01: 19133.92019-09-01: 19142.82019-10-01: 19130.92019-11-01: 19096.82019-12-01: 19186.52020-01-01: 19204.72020-02-01: 19202.92020-03-01: 18058.22020-04-01: 16085.82020-05-01: 16410.72020-06-01: 17469.42020-07-01: 17895.52020-08-01: 18129.32020-09-01: 18555.92020-10-01: 18616.42020-11-01: 186502020-12-01: 18591.72021-01-01: 18392.12021-02-01: 186322021-03-01: 188732021-04-01: 18673.82021-05-01: 18623.62021-06-01: 18894.42021-07-01: 19016.52021-08-01: 19081.72021-09-01: 19251.12021-10-01: 19288.12021-11-01: 19437.32021-12-01: 19508.82022-01-01: 19305.42022-02-01: 196292022-03-01: 19647.82022-04-01: 19709.72022-05-01: 19763.42022-06-01: 19750.82022-07-01: 19787.52022-08-01: 19781.22022-09-01: 19796.12022-10-01: 19882.82022-11-01: 19923.82022-12-01: 19998.52023-01-01: 20097.52023-02-01: 20143.32023-03-01: 20214.72023-04-01: 20242.12023-05-01: 20253.92023-06-01: 20325.12023-07-01: 20356.92023-08-01: 20423.72023-09-01: 20473.12023-10-01: 20501.82023-11-01: 20522.22023-12-01: 20530.62024-01-01: 20552.12024-02-01: 20593.82024-03-01: 20620.82024-04-01: 20674.92024-05-01: 20707.22024-06-01: 20708.12024-07-01: 20725.12024-08-01: 20760.42024-09-01: 207962024-10-01: 20804.92024-11-01: 208422024-12-01: 20934.72025-01-01: 20986.92025-02-01: 20985.52025-03-01: 20964.32025-04-01: 20966.72025-05-01: 20974.42025-06-01: 21040.72025-07-01: 21018.32025-08-01: 20956.62025-09-01: 21009.92025-10-01: 21083.62025-11-01: 21135.92025-12-01: 211462026-01-01: 21121.22026-02-01: 21037.32026-03-01: 21051.42026-04-01: 21033.72026-05-01: 21121.52026-06-01: 21139.72026-07-01: 21214.82026-08-01: 21173.12026-09-01: 21104.8
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Employment

CREDLabour Force Participation Rate
COVID-19 recession6061626364656667201620182020202220242026Percent2016-10-01: 65.82016-11-01: 65.72016-12-01: 65.82017-01-01: 662017-02-01: 65.92017-03-01: 662017-04-01: 65.92017-05-01: 662017-06-01: 66.12017-07-01: 662017-08-01: 65.92017-09-01: 65.92017-10-01: 662017-11-01: 66.12017-12-01: 66.22018-01-01: 65.82018-02-01: 65.82018-03-01: 65.82018-04-01: 65.62018-05-01: 65.62018-06-01: 65.82018-07-01: 65.92018-08-01: 65.72018-09-01: 65.82018-10-01: 65.72018-11-01: 65.92018-12-01: 65.92019-01-01: 662019-02-01: 66.12019-03-01: 662019-04-01: 66.22019-05-01: 662019-06-01: 662019-07-01: 662019-08-01: 66.12019-09-01: 662019-10-01: 65.82019-11-01: 65.82019-12-01: 65.82020-01-01: 65.82020-02-01: 65.92020-03-01: 63.72020-04-01: 60.12020-05-01: 61.62020-06-01: 64.32020-07-01: 64.62020-08-01: 64.82020-09-01: 65.52020-10-01: 65.62020-11-01: 65.42020-12-01: 65.42021-01-01: 64.92021-02-01: 65.22021-03-01: 65.52021-04-01: 65.12021-05-01: 652021-06-01: 65.62021-07-01: 65.62021-08-01: 65.52021-09-01: 662021-10-01: 65.62021-11-01: 65.82021-12-01: 65.82022-01-01: 65.42022-02-01: 65.72022-03-01: 65.62022-04-01: 65.72022-05-01: 65.72022-06-01: 65.42022-07-01: 65.32022-08-01: 65.42022-09-01: 65.32022-10-01: 65.52022-11-01: 65.52022-12-01: 65.62023-01-01: 65.82023-02-01: 65.82023-03-01: 65.82023-04-01: 65.72023-05-01: 65.72023-06-01: 65.92023-07-01: 65.82023-08-01: 65.82023-09-01: 65.82023-10-01: 65.92023-11-01: 65.82023-12-01: 65.72024-01-01: 65.52024-02-01: 65.62024-03-01: 65.62024-04-01: 65.62024-05-01: 65.62024-06-01: 65.52024-07-01: 65.32024-08-01: 65.42024-09-01: 65.22024-10-01: 65.22024-11-01: 65.52024-12-01: 65.42025-01-01: 65.52025-02-01: 65.32025-03-01: 65.32025-04-01: 65.32025-05-01: 65.32025-06-01: 65.32025-07-01: 65.22025-08-01: 65.12025-09-01: 65.22025-10-01: 65.22025-11-01: 65.22025-12-01: 65.42026-01-01: 652026-02-01: 64.92026-03-01: 64.92026-04-01: 652026-05-01: 652026-06-01: 652026-07-01: 65.12026-08-01: 652026-09-01: 64.8
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Labour Force Participation Rate

CREDJob Vacancy Rate
COVID-19 recession22.533.544.555.566.5201620182020202220242026Percent2016-03-01: 2.42016-04-01: 2.52016-05-01: 2.62016-06-01: 2.52016-07-01: 2.32016-08-01: 2.62016-09-01: 2.72016-10-01: 2.52016-11-01: 2.42016-12-01: 2.22017-01-01: 2.22017-02-01: 2.32017-03-01: 2.82017-04-01: 32017-05-01: 32017-06-01: 2.72017-07-01: 2.72017-08-01: 2.82017-09-01: 3.22017-10-01: 32017-11-01: 32017-12-01: 2.62018-01-01: 2.62018-02-01: 2.82018-03-01: 3.22018-04-01: 3.42018-05-01: 3.42018-06-01: 3.32018-07-01: 3.22018-08-01: 3.22018-09-01: 3.62018-10-01: 3.62018-11-01: 3.32018-12-01: 2.82019-01-01: 2.92019-02-01: 2.92019-03-01: 3.32019-04-01: 3.62019-05-01: 3.52019-06-01: 3.32019-07-01: 3.22019-08-01: 3.32019-09-01: 3.52019-10-01: 3.32019-11-01: 32019-12-01: 2.62020-01-01: 32020-02-01: 32020-03-01: 3.22020-10-01: 3.92020-11-01: 3.52020-12-01: 32021-01-01: 3.12021-02-01: 3.52021-03-01: 4.12021-04-01: 4.42021-05-01: 4.42021-06-01: 4.92021-07-01: 52021-08-01: 5.52021-09-01: 5.92021-10-01: 5.62021-11-01: 5.22021-12-01: 5.12022-01-01: 4.92022-02-01: 52022-03-01: 5.72022-04-01: 62022-05-01: 5.92022-06-01: 5.82022-07-01: 5.52022-08-01: 5.52022-09-01: 5.62022-10-01: 5.22022-11-01: 4.82022-12-01: 4.22023-01-01: 4.42023-02-01: 4.32023-03-01: 4.52023-04-01: 4.82023-05-01: 4.62023-06-01: 4.32023-07-01: 4.12023-08-01: 4.12023-09-01: 3.92023-10-01: 3.92023-11-01: 3.62023-12-01: 32024-01-01: 3.32024-02-01: 3.42024-03-01: 3.42024-04-01: 3.62024-05-01: 3.52024-06-01: 3.32024-07-01: 3.12024-08-01: 3.22024-09-01: 3.22024-10-01: 3.12024-11-01: 2.92024-12-01: 2.52025-01-01: 2.62025-02-01: 2.72025-03-01: 2.92025-04-01: 3.22025-05-01: 3.12025-06-01: 2.92025-07-01: 2.82025-08-01: 2.82025-09-01: 2.92025-10-01: 2.82025-11-01: 2.62025-12-01: 2.42026-01-01: 2.52026-02-01: 2.62026-03-01: 2.82026-04-01: 3.12026-05-01: 3.12026-06-01: 2.92026-07-01: 2.82026-08-01: 2.9
Source: Statistics Canada, Job Vacancy and Wage Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Job Vacancy Rate

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