Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.

Canada’s economy added five times the number of jobs that were forecast for April and the unemployment rate unexpectedly held at 6.1 per cent, but wages grew at the slowest pace in 10 months, data showed on Friday.

The economy added a net 90,400 jobs while analysts polled by Reuters had forecast a gain of 18,000 jobs and the unemployment rate to rise to 6.2 per cent.

The gains - largest since the 110,000 jobs added in January 2023 - were a mix of part-time and full-time work, and entirely in the services-producing industries, data from Statistics Canada showed.

  • OminousOrange
    12·
    8 months ago

    The $34.95/hr average is stated as the average for permanent positions. I doubt many of the service industry jobs are permanent positions.

    • Kelsenellenelvial
      2·
      8 months ago

      Most are in my experience. Permanent position really just means there’s no pre-arranged end date for the position as opposed to say covering a maternity leave where you’ve been specifically given that position for just until the permanent employee comes back. Unless otherwise negotiated any permanent employee can be let go with 2 weeks(depending on provincial regulations) notice.