Average Hourly Wages (YoY)

The average hourly wages released by Statistics Canada measure the increase in the salaries earned by the permanent employees in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending, which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the CAD, while a low reading is seen as negative or bearish.

Most recent - Friday 6 December 2024 13:30

Previous
4.9%
Revised
-
Actual
3.9%

Next event - Friday 3 January 2025 13:30

Previous
-
Actual
-

The typical/expected impact on CAD pairs is medium.

Trading range

Announcement history

The most recent announced value for Average Hourly Wages (YoY) was 3.9%.

Past events

Date
Actual
Friday 6 December 2024 13:30
3.9%
Friday 8 November 2024 13:30
4.9%
Friday 11 October 2024 12:30
4.5%
Friday 6 September 2024 12:30
4.9%
Friday 9 August 2024 12:30
5.2%
Friday 5 July 2024 12:30
5.6%
Friday 7 June 2024 12:30
5.2%
Friday 10 May 2024 12:30
4.8%
Friday 5 April 2024 12:30
5%
Friday 8 March 2024 13:30
4.9%
Friday 9 February 2024 13:30
5.3%
Friday 5 January 2024 13:30
5.7%
Friday 1 December 2023 13:30
5%
Friday 3 November 2023 12:30
5%
Friday 6 October 2023 12:30
5.3%
Friday 8 September 2023 12:30
5.2%
Friday 4 August 2023 12:30
5%
Friday 7 July 2023 12:30
3.9%
Friday 9 June 2023 12:30
5.1%
Friday 5 May 2023 12:30
5.2%
Thursday 6 April 2023 12:30
5.2%
Friday 10 March 2023 13:30
5.4%
Friday 10 February 2023 13:30
4.5%
Friday 6 January 2023 13:30
5.2%
Friday 2 December 2022 13:30
5.4%
Friday 4 November 2022 12:30
5.5%
Friday 7 October 2022 12:30
5.2%
Friday 9 September 2022 12:30
5.58%
Friday 5 August 2022 12:30
5.44%
Friday 8 July 2022 12:30
5.57%
Friday 10 June 2022 12:30
4.45%
Friday 6 May 2022 12:30
3.41%
Friday 8 April 2022 12:30
3.7%
Friday 11 March 2022 13:30
3.3%
Friday 4 February 2022 13:30
2.4%
Friday 7 January 2022 13:30
2.7%

Economic context

Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Wages (YoY) result:

PreviousLatest
Retail Sales (MoM)(no change)0.6%0.6%
Retail Sales ex Autos (MoM)Bearish change1.1%0.1%
BoC Consumer Price Index Core (MoM)Bearish change0.4%-0.1%
BoC Consumer Price Index Core (YoY)Bearish change1.7%1.6%
Consumer Price Index (MoM)Bearish change0.4%0%
Consumer Price Index (YoY)Bearish change2%1.9%
BoC Interest Rate DecisionBearish change3.75%3.25%

About Average Hourly Wages (YoY)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Labor Market
Frequency:Monthly
Continue to site >

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?