Average weekly earnings for manufacturers on the rise: StatsCan
January 27, 2012
By The Canadian Press
The average weekly earnings of non-farm payroll employees were virtually unchanged in November from the previous month. However, year-over-year growth in average weekly earnings exceeded the national average in the manufacturing industry, which increased 2.5 percent to $999.75, according to a recent Statistics Canada report.
The agency said that average weekly earnings of non-farm payroll employees were $883.96, a drop of a mere 0.0045 percent from October. However, earnings were up 2.2 percent on a year-over-year basis.
Statistics Canada says that a 12-month increase reflects a number of factors, including wage growth and changes in the composition of employment by industry, occupation and level of job experience.
The average hours worked per week declined on a year-over-year basis to 32.9 hours from 33.1 hours, and this tempered the increase in weekly earnings.
Average weekly earnings rose in every province in the 12 months to November, led by growth in Newfoundland and Labrador, Saskatchewan, Alberta and New Brunswick. The lowest rate of growth was in Ontario.
In addition to the manufacturing industry, year-over-year growth in average weekly earnings exceeded the national average in three other sectors: administrative and support services, retail trade, and professional, scientific and technical services.
From October to November, non-farm payroll employment increased by 12,300. The rises were widespread, with gains in retail trade, construction, manufacturing, health care and social assistance, wholesale trade and mining, quarrying and oil and gas extraction.
On a year-over-year basis, the number of employees rose 1.7 percent or 247,700.