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Average Hourly Wages YoY
The 'Average Hourly Wages YoY' in Canada measures the year-over-year percentage change in average hourly earnings for workers, reflecting wage growth and inflationary pressures in the labor market. This indicator is crucial for assessing consumer purchasing power and cost-push inflation, influencing monetary policy decisions by the Bank of Canada. A significant increase in wages can signal economic strength, potentially leading to higher interest rates, while stagnant wages may indicate economic weakness, impacting financial markets and investor sentiment.Next Event
Nov 07, 2025
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3.3%
Historical Data
Oct 10, 2025
3.3%
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Sep 05, 2025
3.6%
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Aug 08, 2025
3.5%
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Jul 11, 2025
3.2%
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Jun 06, 2025
3.5%
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May 09, 2025
3.5%
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Apr 04, 2025
3.5%
―
Mar 07, 2025
4%
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Feb 07, 2025
3.7%
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Jan 10, 2025
3.7%
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Rows:
Historical Chart
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+4.22%
+4.25%
+7.25%
+4.13%
+4.30%
+0.62%