<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Wage growth remains elevated</label>
    <description><![CDATA[Year-over-year percentage change, monthly data

LFS is the Labour Force Survey; SEPH is the Survey of Employment, Payrolls and Hours. LFS, microdata measures wage growth using LFS microdata to abstract from changes in worker characteristics, extracting a quality-adjusted price for labour. For more details, see F. Bounajm, T. Devakos and G. Galassi,“ Beyond the averages: Measuring underlying wage growth using Labour Force Survey microdata,” Bank of Canada Staff Analytical Note No. 2024¬-23 (October‾024).

Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=241424</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2024M10_WAGES_S1">
<label>LFS, variable-weight measure</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2024M10_WAGES_S2">
<label>LFS, microdata</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2024M10_WAGES_S3">
<label>SEPH, variable-weight measure</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2024M10_WAGES_S4">
<label>SEPH, fixed-weight measure</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2018-01-01"><v s="MPR_2024M10_WAGES_S1">3.08</v><v s="MPR_2024M10_WAGES_S2">3.18</v><v s="MPR_2024M10_WAGES_S3">2.81</v><v s="MPR_2024M10_WAGES_S4">2.99</v></o>
<o d="2018-02-01"><v s="MPR_2024M10_WAGES_S1">2.90</v><v s="MPR_2024M10_WAGES_S2">3.36</v><v s="MPR_2024M10_WAGES_S3">2.72</v><v s="MPR_2024M10_WAGES_S4">2.61</v></o>
<o d="2018-03-01"><v s="MPR_2024M10_WAGES_S1">2.84</v><v s="MPR_2024M10_WAGES_S2">3.35</v><v s="MPR_2024M10_WAGES_S3">2.37</v><v s="MPR_2024M10_WAGES_S4">2.04</v></o>
<o d="2018-04-01"><v s="MPR_2024M10_WAGES_S1">3.01</v><v s="MPR_2024M10_WAGES_S2">3.69</v><v s="MPR_2024M10_WAGES_S3">2.26</v><v s="MPR_2024M10_WAGES_S4">2.12</v></o>
<o d="2018-05-01"><v s="MPR_2024M10_WAGES_S1">3.34</v><v s="MPR_2024M10_WAGES_S2">3.84</v><v s="MPR_2024M10_WAGES_S3">2.15</v><v s="MPR_2024M10_WAGES_S4">2.53</v></o>
<o d="2018-06-01"><v s="MPR_2024M10_WAGES_S1">3.19</v><v s="MPR_2024M10_WAGES_S2">3.82</v><v s="MPR_2024M10_WAGES_S3">2.69</v><v s="MPR_2024M10_WAGES_S4">1.86</v></o>
<o d="2018-07-01"><v s="MPR_2024M10_WAGES_S1">2.89</v><v s="MPR_2024M10_WAGES_S2">3.93</v><v s="MPR_2024M10_WAGES_S3">2.47</v><v s="MPR_2024M10_WAGES_S4">1.71</v></o>
<o d="2018-08-01"><v s="MPR_2024M10_WAGES_S1">2.23</v><v s="MPR_2024M10_WAGES_S2">3.29</v><v s="MPR_2024M10_WAGES_S3">3.10</v><v s="MPR_2024M10_WAGES_S4">1.87</v></o>
<o d="2018-09-01"><v s="MPR_2024M10_WAGES_S1">2.47</v><v s="MPR_2024M10_WAGES_S2">3.30</v><v s="MPR_2024M10_WAGES_S3">1.98</v><v s="MPR_2024M10_WAGES_S4">1.20</v></o>
<o d="2018-10-01"><v s="MPR_2024M10_WAGES_S1">2.65</v><v s="MPR_2024M10_WAGES_S2">3.46</v><v s="MPR_2024M10_WAGES_S3">2.99</v><v s="MPR_2024M10_WAGES_S4">2.35</v></o>
<o d="2018-11-01"><v s="MPR_2024M10_WAGES_S1">2.54</v><v s="MPR_2024M10_WAGES_S2">3.61</v><v s="MPR_2024M10_WAGES_S3">2.60</v><v s="MPR_2024M10_WAGES_S4">1.67</v></o>
<o d="2018-12-01"><v s="MPR_2024M10_WAGES_S1">2.49</v><v s="MPR_2024M10_WAGES_S2">3.41</v><v s="MPR_2024M10_WAGES_S3">2.91</v><v s="MPR_2024M10_WAGES_S4">3.24</v></o>
<o d="2019-01-01"><v s="MPR_2024M10_WAGES_S1">2.08</v><v s="MPR_2024M10_WAGES_S2">3.17</v><v s="MPR_2024M10_WAGES_S3">2.12</v><v s="MPR_2024M10_WAGES_S4">2.58</v></o>
<o d="2019-02-01"><v s="MPR_2024M10_WAGES_S1">2.19</v><v s="MPR_2024M10_WAGES_S2">2.93</v><v s="MPR_2024M10_WAGES_S3">1.41</v><v s="MPR_2024M10_WAGES_S4">1.80</v></o>
<o d="2019-03-01"><v s="MPR_2024M10_WAGES_S1">2.15</v><v s="MPR_2024M10_WAGES_S2">2.90</v><v s="MPR_2024M10_WAGES_S3">2.10</v><v s="MPR_2024M10_WAGES_S4">1.39</v></o>
<o d="2019-04-01"><v s="MPR_2024M10_WAGES_S1">2.32</v><v s="MPR_2024M10_WAGES_S2">2.77</v><v s="MPR_2024M10_WAGES_S3">2.30</v><v s="MPR_2024M10_WAGES_S4">1.64</v></o>
<o d="2019-05-01"><v s="MPR_2024M10_WAGES_S1">2.30</v><v s="MPR_2024M10_WAGES_S2">2.52</v><v s="MPR_2024M10_WAGES_S3">4.19</v><v s="MPR_2024M10_WAGES_S4">1.78</v></o>
<o d="2019-06-01"><v s="MPR_2024M10_WAGES_S1">3.09</v><v s="MPR_2024M10_WAGES_S2">2.64</v><v s="MPR_2024M10_WAGES_S3">2.86</v><v s="MPR_2024M10_WAGES_S4">2.73</v></o>
<o d="2019-07-01"><v s="MPR_2024M10_WAGES_S1">3.19</v><v s="MPR_2024M10_WAGES_S2">2.32</v><v s="MPR_2024M10_WAGES_S3">3.50</v><v s="MPR_2024M10_WAGES_S4">3.77</v></o>
<o d="2019-08-01"><v s="MPR_2024M10_WAGES_S1">3.11</v><v s="MPR_2024M10_WAGES_S2">2.55</v><v s="MPR_2024M10_WAGES_S3">2.53</v><v s="MPR_2024M10_WAGES_S4">3.70</v></o>
<o d="2019-09-01"><v s="MPR_2024M10_WAGES_S1">3.18</v><v s="MPR_2024M10_WAGES_S2">2.93</v><v s="MPR_2024M10_WAGES_S3">2.55</v><v s="MPR_2024M10_WAGES_S4">3.02</v></o>
<o d="2019-10-01"><v s="MPR_2024M10_WAGES_S1">2.95</v><v s="MPR_2024M10_WAGES_S2">2.50</v><v s="MPR_2024M10_WAGES_S3">3.27</v><v s="MPR_2024M10_WAGES_S4">3.39</v></o>
<o d="2019-11-01"><v s="MPR_2024M10_WAGES_S1">3.06</v><v s="MPR_2024M10_WAGES_S2">2.57</v><v s="MPR_2024M10_WAGES_S3">2.94</v><v s="MPR_2024M10_WAGES_S4">3.12</v></o>
<o d="2019-12-01"><v s="MPR_2024M10_WAGES_S1">2.80</v><v s="MPR_2024M10_WAGES_S2">2.39</v><v s="MPR_2024M10_WAGES_S3">2.92</v><v s="MPR_2024M10_WAGES_S4">1.97</v></o>
<o d="2020-01-01"><v s="MPR_2024M10_WAGES_S1">2.76</v><v s="MPR_2024M10_WAGES_S2">2.28</v><v s="MPR_2024M10_WAGES_S3">2.18</v><v s="MPR_2024M10_WAGES_S4">2.95</v></o>
<o d="2020-02-01"><v s="MPR_2024M10_WAGES_S1">3.23</v><v s="MPR_2024M10_WAGES_S2">2.43</v><v s="MPR_2024M10_WAGES_S3">3.08</v><v s="MPR_2024M10_WAGES_S4">3.54</v></o>
<o d="2020-03-01"><v s="MPR_2024M10_WAGES_S1">6.31</v><v s="MPR_2024M10_WAGES_S2">2.58</v><v s="MPR_2024M10_WAGES_S3">4.17</v><v s="MPR_2024M10_WAGES_S4">4.25</v></o>
<o d="2020-04-01"><v s="MPR_2024M10_WAGES_S1">10.44</v><v s="MPR_2024M10_WAGES_S2">3.12</v><v s="MPR_2024M10_WAGES_S3">6.28</v><v s="MPR_2024M10_WAGES_S4">4.13</v></o>
<o d="2020-05-01"><v s="MPR_2024M10_WAGES_S1">10.10</v><v s="MPR_2024M10_WAGES_S2">3.29</v><v s="MPR_2024M10_WAGES_S3">5.50</v><v s="MPR_2024M10_WAGES_S4">4.31</v></o>
<o d="2020-06-01"><v s="MPR_2024M10_WAGES_S1">7.24</v><v s="MPR_2024M10_WAGES_S2">3.12</v><v s="MPR_2024M10_WAGES_S3">5.39</v><v s="MPR_2024M10_WAGES_S4">3.35</v></o>
<o d="2020-07-01"><v s="MPR_2024M10_WAGES_S1">6.49</v><v s="MPR_2024M10_WAGES_S2">3.25</v><v s="MPR_2024M10_WAGES_S3">5.25</v><v s="MPR_2024M10_WAGES_S4">4.07</v></o>
<o d="2020-08-01"><v s="MPR_2024M10_WAGES_S1">6.29</v><v s="MPR_2024M10_WAGES_S2">3.18</v><v s="MPR_2024M10_WAGES_S3">5.22</v><v s="MPR_2024M10_WAGES_S4">3.50</v></o>
<o d="2020-09-01"><v s="MPR_2024M10_WAGES_S1">4.98</v><v s="MPR_2024M10_WAGES_S2">2.63</v><v s="MPR_2024M10_WAGES_S3">4.72</v><v s="MPR_2024M10_WAGES_S4">3.55</v></o>
<o d="2020-10-01"><v s="MPR_2024M10_WAGES_S1">5.64</v><v s="MPR_2024M10_WAGES_S2">3.10</v><v s="MPR_2024M10_WAGES_S3">3.85</v><v s="MPR_2024M10_WAGES_S4">3.04</v></o>
<o d="2020-11-01"><v s="MPR_2024M10_WAGES_S1">5.17</v><v s="MPR_2024M10_WAGES_S2">2.61</v><v s="MPR_2024M10_WAGES_S3">4.64</v><v s="MPR_2024M10_WAGES_S4">3.28</v></o>
<o d="2020-12-01"><v s="MPR_2024M10_WAGES_S1">5.38</v><v s="MPR_2024M10_WAGES_S2">2.73</v><v s="MPR_2024M10_WAGES_S3">4.30</v><v s="MPR_2024M10_WAGES_S4">2.90</v></o>
<o d="2021-01-01"><v s="MPR_2024M10_WAGES_S1">6.21</v><v s="MPR_2024M10_WAGES_S2">2.69</v><v s="MPR_2024M10_WAGES_S3">5.81</v><v s="MPR_2024M10_WAGES_S4">4.76</v></o>
<o d="2021-02-01"><v s="MPR_2024M10_WAGES_S1">5.30</v><v s="MPR_2024M10_WAGES_S2">2.74</v><v s="MPR_2024M10_WAGES_S3">5.40</v><v s="MPR_2024M10_WAGES_S4">3.43</v></o>
<o d="2021-03-01"><v s="MPR_2024M10_WAGES_S1">2.06</v><v s="MPR_2024M10_WAGES_S2">2.59</v><v s="MPR_2024M10_WAGES_S3">3.23</v><v s="MPR_2024M10_WAGES_S4">2.61</v></o>
<o d="2021-04-01"><v s="MPR_2024M10_WAGES_S1">-1.42</v><v s="MPR_2024M10_WAGES_S2">1.98</v><v s="MPR_2024M10_WAGES_S3">0.01</v><v s="MPR_2024M10_WAGES_S4">1.83</v></o>
<o d="2021-05-01"><v s="MPR_2024M10_WAGES_S1">-1.46</v><v s="MPR_2024M10_WAGES_S2">1.75</v><v s="MPR_2024M10_WAGES_S3">0.51</v><v s="MPR_2024M10_WAGES_S4">2.29</v></o>
<o d="2021-06-01"><v s="MPR_2024M10_WAGES_S1">0.00</v><v s="MPR_2024M10_WAGES_S2">1.74</v><v s="MPR_2024M10_WAGES_S3">1.07</v><v s="MPR_2024M10_WAGES_S4">2.10</v></o>
<o d="2021-07-01"><v s="MPR_2024M10_WAGES_S1">1.24</v><v s="MPR_2024M10_WAGES_S2">1.98</v><v s="MPR_2024M10_WAGES_S3">1.53</v><v s="MPR_2024M10_WAGES_S4">2.05</v></o>
<o d="2021-08-01"><v s="MPR_2024M10_WAGES_S1">1.82</v><v s="MPR_2024M10_WAGES_S2">2.07</v><v s="MPR_2024M10_WAGES_S3">2.35</v><v s="MPR_2024M10_WAGES_S4">2.43</v></o>
<o d="2021-09-01"><v s="MPR_2024M10_WAGES_S1">2.73</v><v s="MPR_2024M10_WAGES_S2">2.57</v><v s="MPR_2024M10_WAGES_S3">2.52</v><v s="MPR_2024M10_WAGES_S4">2.80</v></o>
<o d="2021-10-01"><v s="MPR_2024M10_WAGES_S1">2.03</v><v s="MPR_2024M10_WAGES_S2">2.44</v><v s="MPR_2024M10_WAGES_S3">2.52</v><v s="MPR_2024M10_WAGES_S4">2.57</v></o>
<o d="2021-11-01"><v s="MPR_2024M10_WAGES_S1">2.69</v><v s="MPR_2024M10_WAGES_S2">2.80</v><v s="MPR_2024M10_WAGES_S3">2.18</v><v s="MPR_2024M10_WAGES_S4">3.06</v></o>
<o d="2021-12-01"><v s="MPR_2024M10_WAGES_S1">3.30</v><v s="MPR_2024M10_WAGES_S2">3.21</v><v s="MPR_2024M10_WAGES_S3">2.06</v><v s="MPR_2024M10_WAGES_S4">3.64</v></o>
<o d="2022-01-01"><v s="MPR_2024M10_WAGES_S1">2.71</v><v s="MPR_2024M10_WAGES_S2">3.23</v><v s="MPR_2024M10_WAGES_S3">2.24</v><v s="MPR_2024M10_WAGES_S4">2.45</v></o>
<o d="2022-02-01"><v s="MPR_2024M10_WAGES_S1">2.76</v><v s="MPR_2024M10_WAGES_S2">3.11</v><v s="MPR_2024M10_WAGES_S3">2.57</v><v s="MPR_2024M10_WAGES_S4">2.25</v></o>
<o d="2022-03-01"><v s="MPR_2024M10_WAGES_S1">3.25</v><v s="MPR_2024M10_WAGES_S2">3.19</v><v s="MPR_2024M10_WAGES_S3">4.61</v><v s="MPR_2024M10_WAGES_S4">5.00</v></o>
<o d="2022-04-01"><v s="MPR_2024M10_WAGES_S1">3.27</v><v s="MPR_2024M10_WAGES_S2">3.67</v><v s="MPR_2024M10_WAGES_S3">4.65</v><v s="MPR_2024M10_WAGES_S4">5.36</v></o>
<o d="2022-05-01"><v s="MPR_2024M10_WAGES_S1">3.68</v><v s="MPR_2024M10_WAGES_S2">3.87</v><v s="MPR_2024M10_WAGES_S3">3.66</v><v s="MPR_2024M10_WAGES_S4">4.22</v></o>
<o d="2022-06-01"><v s="MPR_2024M10_WAGES_S1">5.02</v><v s="MPR_2024M10_WAGES_S2">4.08</v><v s="MPR_2024M10_WAGES_S3">4.22</v><v s="MPR_2024M10_WAGES_S4">5.11</v></o>
<o d="2022-07-01"><v s="MPR_2024M10_WAGES_S1">4.36</v><v s="MPR_2024M10_WAGES_S2">4.10</v><v s="MPR_2024M10_WAGES_S3">3.46</v><v s="MPR_2024M10_WAGES_S4">4.29</v></o>
<o d="2022-08-01"><v s="MPR_2024M10_WAGES_S1">4.80</v><v s="MPR_2024M10_WAGES_S2">4.41</v><v s="MPR_2024M10_WAGES_S3">3.22</v><v s="MPR_2024M10_WAGES_S4">4.06</v></o>
<o d="2022-09-01"><v s="MPR_2024M10_WAGES_S1">4.88</v><v s="MPR_2024M10_WAGES_S2">4.10</v><v s="MPR_2024M10_WAGES_S3">3.65</v><v s="MPR_2024M10_WAGES_S4">3.45</v></o>
<o d="2022-10-01"><v s="MPR_2024M10_WAGES_S1">5.38</v><v s="MPR_2024M10_WAGES_S2">4.31</v><v s="MPR_2024M10_WAGES_S3">4.32</v><v s="MPR_2024M10_WAGES_S4">3.94</v></o>
<o d="2022-11-01"><v s="MPR_2024M10_WAGES_S1">5.73</v><v s="MPR_2024M10_WAGES_S2">4.80</v><v s="MPR_2024M10_WAGES_S3">4.18</v><v s="MPR_2024M10_WAGES_S4">3.95</v></o>
<o d="2022-12-01"><v s="MPR_2024M10_WAGES_S1">4.74</v><v s="MPR_2024M10_WAGES_S2">4.32</v><v s="MPR_2024M10_WAGES_S3">4.50</v><v s="MPR_2024M10_WAGES_S4">4.12</v></o>
<o d="2023-01-01"><v s="MPR_2024M10_WAGES_S1">4.47</v><v s="MPR_2024M10_WAGES_S2">4.38</v><v s="MPR_2024M10_WAGES_S3">3.82</v><v s="MPR_2024M10_WAGES_S4">2.70</v></o>
<o d="2023-02-01"><v s="MPR_2024M10_WAGES_S1">5.40</v><v s="MPR_2024M10_WAGES_S2">4.67</v><v s="MPR_2024M10_WAGES_S3">3.29</v><v s="MPR_2024M10_WAGES_S4">4.19</v></o>
<o d="2023-03-01"><v s="MPR_2024M10_WAGES_S1">5.38</v><v s="MPR_2024M10_WAGES_S2">4.87</v><v s="MPR_2024M10_WAGES_S3">2.42</v><v s="MPR_2024M10_WAGES_S4">2.88</v></o>
<o d="2023-04-01"><v s="MPR_2024M10_WAGES_S1">5.23</v><v s="MPR_2024M10_WAGES_S2">4.53</v><v s="MPR_2024M10_WAGES_S3">3.84</v><v s="MPR_2024M10_WAGES_S4">4.53</v></o>
<o d="2023-05-01"><v s="MPR_2024M10_WAGES_S1">5.10</v><v s="MPR_2024M10_WAGES_S2">4.46</v><v s="MPR_2024M10_WAGES_S3">3.89</v><v s="MPR_2024M10_WAGES_S4">3.53</v></o>
<o d="2023-06-01"><v s="MPR_2024M10_WAGES_S1">4.17</v><v s="MPR_2024M10_WAGES_S2">4.04</v><v s="MPR_2024M10_WAGES_S3">3.74</v><v s="MPR_2024M10_WAGES_S4">3.85</v></o>
<o d="2023-07-01"><v s="MPR_2024M10_WAGES_S1">5.04</v><v s="MPR_2024M10_WAGES_S2">4.32</v><v s="MPR_2024M10_WAGES_S3">4.31</v><v s="MPR_2024M10_WAGES_S4">4.36</v></o>
<o d="2023-08-01"><v s="MPR_2024M10_WAGES_S1">4.85</v><v s="MPR_2024M10_WAGES_S2">4.07</v><v s="MPR_2024M10_WAGES_S3">3.79</v><v s="MPR_2024M10_WAGES_S4">2.87</v></o>
<o d="2023-09-01"><v s="MPR_2024M10_WAGES_S1">5.03</v><v s="MPR_2024M10_WAGES_S2">4.40</v><v s="MPR_2024M10_WAGES_S3">3.56</v><v s="MPR_2024M10_WAGES_S4">4.18</v></o>
<o d="2023-10-01"><v s="MPR_2024M10_WAGES_S1">4.81</v><v s="MPR_2024M10_WAGES_S2">4.06</v><v s="MPR_2024M10_WAGES_S3">2.93</v><v s="MPR_2024M10_WAGES_S4">3.81</v></o>
<o d="2023-11-01"><v s="MPR_2024M10_WAGES_S1">4.76</v><v s="MPR_2024M10_WAGES_S2">3.85</v><v s="MPR_2024M10_WAGES_S3">3.33</v><v s="MPR_2024M10_WAGES_S4">3.06</v></o>
<o d="2023-12-01"><v s="MPR_2024M10_WAGES_S1">5.42</v><v s="MPR_2024M10_WAGES_S2">4.04</v><v s="MPR_2024M10_WAGES_S3">2.50</v><v s="MPR_2024M10_WAGES_S4">2.11</v></o>
<o d="2024-01-01"><v s="MPR_2024M10_WAGES_S1">5.26</v><v s="MPR_2024M10_WAGES_S2">3.98</v><v s="MPR_2024M10_WAGES_S3">2.65</v><v s="MPR_2024M10_WAGES_S4">3.63</v></o>
<o d="2024-02-01"><v s="MPR_2024M10_WAGES_S1">5.03</v><v s="MPR_2024M10_WAGES_S2">3.70</v><v s="MPR_2024M10_WAGES_S3">3.06</v><v s="MPR_2024M10_WAGES_S4">4.00</v></o>
<o d="2024-03-01"><v s="MPR_2024M10_WAGES_S1">5.20</v><v s="MPR_2024M10_WAGES_S2">3.47</v><v s="MPR_2024M10_WAGES_S3">3.45</v><v s="MPR_2024M10_WAGES_S4">4.12</v></o>
<o d="2024-04-01"><v s="MPR_2024M10_WAGES_S1">4.64</v><v s="MPR_2024M10_WAGES_S2">3.57</v><v s="MPR_2024M10_WAGES_S3">2.88</v><v s="MPR_2024M10_WAGES_S4">2.50</v></o>
<o d="2024-05-01"><v s="MPR_2024M10_WAGES_S1">5.10</v><v s="MPR_2024M10_WAGES_S2">3.87</v><v s="MPR_2024M10_WAGES_S3">3.54</v><v s="MPR_2024M10_WAGES_S4">4.55</v></o>
<o d="2024-06-01"><v s="MPR_2024M10_WAGES_S1">5.41</v><v s="MPR_2024M10_WAGES_S2">4.28</v><v s="MPR_2024M10_WAGES_S3">3.71</v><v s="MPR_2024M10_WAGES_S4">4.26</v></o>
<o d="2024-07-01"><v s="MPR_2024M10_WAGES_S1">5.21</v><v s="MPR_2024M10_WAGES_S2">4.10</v><v s="MPR_2024M10_WAGES_S3">4.61</v><v s="MPR_2024M10_WAGES_S4">5.04</v></o>
<o d="2024-08-01"><v s="MPR_2024M10_WAGES_S1">5.03</v><v s="MPR_2024M10_WAGES_S2">4.13</v></o>
<o d="2024-09-01"><v s="MPR_2024M10_WAGES_S1">4.64</v><v s="MPR_2024M10_WAGES_S2">3.88</v></o>
</observations>
</data>