{ "terms": { "url": "https://www.bankofcanada.ca/terms/" }, "groupDetail": { "label": "Chart 5: Wage growth continued to ease", "description": "Year-over-year percentage change, monthly and quarterly data\n\nLFS is the Labour Force Survey; SEPH is the Survey of Employment, Payrolls and Hours. LFS, microdata, private sector measures wage growth using microdata from the LFS 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 2024). All wage series are measured as compensation per hour except for SEPH, which is measured in terms of average weekly earnings. Private sector in SEPH excludes wages from public administration, education, and health care and social assistance.\n\nStatistics Canada and Bank of Canada calculations", "link": "https://www.bankofcanada.ca/?p=246636" }, "seriesDetail": { "MPR_2025M07_WAGES_S1": { "label": "LFS, average wage, private sector", "description": "", "dimension": { "key": "d", "name": "Date" } }, "MPR_2025M07_WAGES_S2": { "label": "LFS, microdata, private sector", "description": "", "dimension": { "key": "d", "name": "Date" } }, "MPR_2025M07_WAGES_S3": { "label": "SEPH, average weekly earnings, private sector", "description": "", "dimension": { "key": "d", "name": "Date" } }, "MPR_2025M07_WAGES_S4": { "label": "Unit labour cost, business sector", "description": "", "dimension": { "key": "d", "name": "Date" } } }, "observations": [ { "d": "2019-01-01", "MPR_2025M07_WAGES_S1": { "v": "2.58" }, "MPR_2025M07_WAGES_S2": { "v": "3.56" }, "MPR_2025M07_WAGES_S3": { "v": "1.81" }, "MPR_2025M07_WAGES_S4": { "v": "1.72" } }, { "d": "2019-02-01", "MPR_2025M07_WAGES_S1": { "v": "2.57" }, "MPR_2025M07_WAGES_S2": { "v": "3.42" }, "MPR_2025M07_WAGES_S3": { "v": "0.48" } }, { "d": "2019-03-01", "MPR_2025M07_WAGES_S1": { "v": "2.55" }, "MPR_2025M07_WAGES_S2": { "v": "3.34" }, "MPR_2025M07_WAGES_S3": { "v": "1.45" } }, { "d": "2019-04-01", "MPR_2025M07_WAGES_S1": { "v": "2.39" }, "MPR_2025M07_WAGES_S2": { "v": "3.12" }, "MPR_2025M07_WAGES_S3": { "v": "2.40" }, "MPR_2025M07_WAGES_S4": { "v": "2.37" } }, { "d": "2019-05-01", "MPR_2025M07_WAGES_S1": { "v": "2.92" }, "MPR_2025M07_WAGES_S2": { "v": "2.87" }, "MPR_2025M07_WAGES_S3": { "v": "3.98" } }, { "d": "2019-06-01", "MPR_2025M07_WAGES_S1": { "v": "3.47" }, "MPR_2025M07_WAGES_S2": { "v": "2.94" }, "MPR_2025M07_WAGES_S3": { "v": "2.23" } }, { "d": "2019-07-01", "MPR_2025M07_WAGES_S1": { "v": "3.55" }, "MPR_2025M07_WAGES_S2": { "v": "2.54" }, "MPR_2025M07_WAGES_S3": { "v": "2.82" }, "MPR_2025M07_WAGES_S4": { "v": "2.95" } }, { "d": "2019-08-01", "MPR_2025M07_WAGES_S1": { "v": "3.62" }, "MPR_2025M07_WAGES_S2": { "v": "2.91" }, "MPR_2025M07_WAGES_S3": { "v": "2.86" } }, { "d": "2019-09-01", "MPR_2025M07_WAGES_S1": { "v": "4.17" }, "MPR_2025M07_WAGES_S2": { "v": "3.48" }, "MPR_2025M07_WAGES_S3": { "v": "4.07" } }, { "d": "2019-10-01", "MPR_2025M07_WAGES_S1": { "v": "3.77" }, "MPR_2025M07_WAGES_S2": { "v": "3.10" }, "MPR_2025M07_WAGES_S3": { "v": "4.31" }, "MPR_2025M07_WAGES_S4": { "v": "2.61" } }, { "d": "2019-11-01", "MPR_2025M07_WAGES_S1": { "v": "3.93" }, "MPR_2025M07_WAGES_S2": { "v": "3.23" }, "MPR_2025M07_WAGES_S3": { "v": "2.99" } }, { "d": "2019-12-01", "MPR_2025M07_WAGES_S1": { "v": "3.25" }, "MPR_2025M07_WAGES_S2": { "v": "2.81" }, "MPR_2025M07_WAGES_S3": { "v": "3.77" } }, { "d": "2020-01-01", "MPR_2025M07_WAGES_S1": { "v": "3.37" }, "MPR_2025M07_WAGES_S2": { "v": "2.56" }, "MPR_2025M07_WAGES_S3": { "v": "3.97" }, "MPR_2025M07_WAGES_S4": { "v": "2.08" } }, { "d": "2020-02-01", "MPR_2025M07_WAGES_S1": { "v": "3.46" }, "MPR_2025M07_WAGES_S2": { "v": "2.68" }, "MPR_2025M07_WAGES_S3": { "v": "3.89" } }, { "d": "2020-03-01", "MPR_2025M07_WAGES_S1": { "v": "6.82" }, "MPR_2025M07_WAGES_S2": { "v": "2.82" }, "MPR_2025M07_WAGES_S3": { "v": "2.86" } }, { "d": "2020-04-01", "MPR_2025M07_WAGES_S1": { "v": "10.86" }, "MPR_2025M07_WAGES_S2": { "v": "3.20" }, "MPR_2025M07_WAGES_S3": { "v": "10.09" }, "MPR_2025M07_WAGES_S4": { "v": "5.58" } }, { "d": "2020-05-01", "MPR_2025M07_WAGES_S1": { "v": "10.23" }, "MPR_2025M07_WAGES_S2": { "v": "3.32" }, "MPR_2025M07_WAGES_S3": { "v": "10.63" } }, { "d": "2020-06-01", "MPR_2025M07_WAGES_S1": { "v": "7.60" }, "MPR_2025M07_WAGES_S2": { "v": "3.46" }, "MPR_2025M07_WAGES_S3": { "v": "9.39" } }, { "d": "2020-07-01", "MPR_2025M07_WAGES_S1": { "v": "6.63" }, "MPR_2025M07_WAGES_S2": { "v": "3.60" }, "MPR_2025M07_WAGES_S3": { "v": "8.27" }, "MPR_2025M07_WAGES_S4": { "v": "3.10" } }, { "d": "2020-08-01", "MPR_2025M07_WAGES_S1": { "v": "6.47" }, "MPR_2025M07_WAGES_S2": { "v": "3.53" }, "MPR_2025M07_WAGES_S3": { "v": "7.12" } }, { "d": "2020-09-01", "MPR_2025M07_WAGES_S1": { "v": "4.93" }, "MPR_2025M07_WAGES_S2": { "v": "2.73" }, "MPR_2025M07_WAGES_S3": { "v": "6.19" } }, { "d": "2020-10-01", "MPR_2025M07_WAGES_S1": { "v": "6.07" }, "MPR_2025M07_WAGES_S2": { "v": "3.41" }, "MPR_2025M07_WAGES_S3": { "v": "5.61" }, "MPR_2025M07_WAGES_S4": { "v": "3.41" } }, { "d": "2020-11-01", "MPR_2025M07_WAGES_S1": { "v": "5.67" }, "MPR_2025M07_WAGES_S2": { "v": "2.81" }, "MPR_2025M07_WAGES_S3": { "v": "6.71" } }, { "d": "2020-12-01", "MPR_2025M07_WAGES_S1": { "v": "5.96" }, "MPR_2025M07_WAGES_S2": { "v": "3.18" }, "MPR_2025M07_WAGES_S3": { "v": "6.67" } }, { "d": "2021-01-01", "MPR_2025M07_WAGES_S1": { "v": "6.77" }, "MPR_2025M07_WAGES_S2": { "v": "3.08" }, "MPR_2025M07_WAGES_S3": { "v": "8.18" }, "MPR_2025M07_WAGES_S4": { "v": "3.26" } }, { "d": "2021-02-01", "MPR_2025M07_WAGES_S1": { "v": "6.11" }, "MPR_2025M07_WAGES_S2": { "v": "3.12" }, "MPR_2025M07_WAGES_S3": { "v": "9.21" } }, { "d": "2021-03-01", "MPR_2025M07_WAGES_S1": { "v": "2.27" }, "MPR_2025M07_WAGES_S2": { "v": "2.98" }, "MPR_2025M07_WAGES_S3": { "v": "7.21" } }, { "d": "2021-04-01", "MPR_2025M07_WAGES_S1": { "v": "-0.73" }, "MPR_2025M07_WAGES_S2": { "v": "2.43" }, "MPR_2025M07_WAGES_S3": { "v": "0.67" }, "MPR_2025M07_WAGES_S4": { "v": "2.49" } }, { "d": "2021-05-01", "MPR_2025M07_WAGES_S1": { "v": "-1.11" }, "MPR_2025M07_WAGES_S2": { "v": "2.14" }, "MPR_2025M07_WAGES_S3": { "v": "-0.02" } }, { "d": "2021-06-01", "MPR_2025M07_WAGES_S1": { "v": "0.01" }, "MPR_2025M07_WAGES_S2": { "v": "1.86" }, "MPR_2025M07_WAGES_S3": { "v": "1.16" } }, { "d": "2021-07-01", "MPR_2025M07_WAGES_S1": { "v": "1.74" }, "MPR_2025M07_WAGES_S2": { "v": "2.23" }, "MPR_2025M07_WAGES_S3": { "v": "1.54" }, "MPR_2025M07_WAGES_S4": { "v": "5.28" } }, { "d": "2021-08-01", "MPR_2025M07_WAGES_S1": { "v": "2.08" }, "MPR_2025M07_WAGES_S2": { "v": "2.23" }, "MPR_2025M07_WAGES_S3": { "v": "2.16" } }, { "d": "2021-09-01", "MPR_2025M07_WAGES_S1": { "v": "3.21" }, "MPR_2025M07_WAGES_S2": { "v": "2.91" }, "MPR_2025M07_WAGES_S3": { "v": "3.30" } }, { "d": "2021-10-01", "MPR_2025M07_WAGES_S1": { "v": "2.06" }, "MPR_2025M07_WAGES_S2": { "v": "2.49" }, "MPR_2025M07_WAGES_S3": { "v": "2.98" }, "MPR_2025M07_WAGES_S4": { "v": "4.44" } }, { "d": "2021-11-01", "MPR_2025M07_WAGES_S1": { "v": "3.01" }, "MPR_2025M07_WAGES_S2": { "v": "3.04" }, "MPR_2025M07_WAGES_S3": { "v": "2.29" } }, { "d": "2021-12-01", "MPR_2025M07_WAGES_S1": { "v": "3.80" }, "MPR_2025M07_WAGES_S2": { "v": "3.49" }, "MPR_2025M07_WAGES_S3": { "v": "3.10" } }, { "d": "2022-01-01", "MPR_2025M07_WAGES_S1": { "v": "3.41" }, "MPR_2025M07_WAGES_S2": { "v": "3.72" }, "MPR_2025M07_WAGES_S3": { "v": "2.01" }, "MPR_2025M07_WAGES_S4": { "v": "6.08" } }, { "d": "2022-02-01", "MPR_2025M07_WAGES_S1": { "v": "3.07" }, "MPR_2025M07_WAGES_S2": { "v": "3.42" }, "MPR_2025M07_WAGES_S3": { "v": "2.36" } }, { "d": "2022-03-01", "MPR_2025M07_WAGES_S1": { "v": "4.12" }, "MPR_2025M07_WAGES_S2": { "v": "3.73" }, "MPR_2025M07_WAGES_S3": { "v": "5.31" } }, { "d": "2022-04-01", "MPR_2025M07_WAGES_S1": { "v": "3.94" }, "MPR_2025M07_WAGES_S2": { "v": "4.29" }, "MPR_2025M07_WAGES_S3": { "v": "3.88" }, "MPR_2025M07_WAGES_S4": { "v": "4.70" } }, { "d": "2022-05-01", "MPR_2025M07_WAGES_S1": { "v": "4.53" }, "MPR_2025M07_WAGES_S2": { "v": "4.55" }, "MPR_2025M07_WAGES_S3": { "v": "2.37" } }, { "d": "2022-06-01", "MPR_2025M07_WAGES_S1": { "v": "6.10" }, "MPR_2025M07_WAGES_S2": { "v": "4.77" }, "MPR_2025M07_WAGES_S3": { "v": "4.31" } }, { "d": "2022-07-01", "MPR_2025M07_WAGES_S1": { "v": "5.14" }, "MPR_2025M07_WAGES_S2": { "v": "4.64" }, "MPR_2025M07_WAGES_S3": { "v": "3.99" }, "MPR_2025M07_WAGES_S4": { "v": "4.10" } }, { "d": "2022-08-01", "MPR_2025M07_WAGES_S1": { "v": "5.78" }, "MPR_2025M07_WAGES_S2": { "v": "5.04" }, "MPR_2025M07_WAGES_S3": { "v": "4.35" } }, { "d": "2022-09-01", "MPR_2025M07_WAGES_S1": { "v": "5.90" }, "MPR_2025M07_WAGES_S2": { "v": "4.75" }, "MPR_2025M07_WAGES_S3": { "v": "3.94" } }, { "d": "2022-10-01", "MPR_2025M07_WAGES_S1": { "v": "6.50" }, "MPR_2025M07_WAGES_S2": { "v": "5.14" }, "MPR_2025M07_WAGES_S3": { "v": "4.03" }, "MPR_2025M07_WAGES_S4": { "v": "6.35" } }, { "d": "2022-11-01", "MPR_2025M07_WAGES_S1": { "v": "6.17" }, "MPR_2025M07_WAGES_S2": { "v": "5.39" }, "MPR_2025M07_WAGES_S3": { "v": "4.63" } }, { "d": "2022-12-01", "MPR_2025M07_WAGES_S1": { "v": "5.00" }, "MPR_2025M07_WAGES_S2": { "v": "4.90" }, "MPR_2025M07_WAGES_S3": { "v": "2.94" } }, { "d": "2023-01-01", "MPR_2025M07_WAGES_S1": { "v": "4.79" }, "MPR_2025M07_WAGES_S2": { "v": "4.95" }, "MPR_2025M07_WAGES_S3": { "v": "3.35" }, "MPR_2025M07_WAGES_S4": { "v": "6.55" } }, { "d": "2023-02-01", "MPR_2025M07_WAGES_S1": { "v": "6.26" }, "MPR_2025M07_WAGES_S2": { "v": "5.38" }, "MPR_2025M07_WAGES_S3": { "v": "2.27" } }, { "d": "2023-03-01", "MPR_2025M07_WAGES_S1": { "v": "6.13" }, "MPR_2025M07_WAGES_S2": { "v": "5.51" }, "MPR_2025M07_WAGES_S3": { "v": "2.50" } }, { "d": "2023-04-01", "MPR_2025M07_WAGES_S1": { "v": "6.14" }, "MPR_2025M07_WAGES_S2": { "v": "5.13" }, "MPR_2025M07_WAGES_S3": { "v": "3.86" }, "MPR_2025M07_WAGES_S4": { "v": "7.55" } }, { "d": "2023-05-01", "MPR_2025M07_WAGES_S1": { "v": "6.14" }, "MPR_2025M07_WAGES_S2": { "v": "5.07" }, "MPR_2025M07_WAGES_S3": { "v": "4.04" } }, { "d": "2023-06-01", "MPR_2025M07_WAGES_S1": { "v": "4.91" }, "MPR_2025M07_WAGES_S2": { "v": "4.38" }, "MPR_2025M07_WAGES_S3": { "v": "3.92" } }, { "d": "2023-07-01", "MPR_2025M07_WAGES_S1": { "v": "5.70" }, "MPR_2025M07_WAGES_S2": { "v": "4.73" }, "MPR_2025M07_WAGES_S3": { "v": "4.30" }, "MPR_2025M07_WAGES_S4": { "v": "8.58" } }, { "d": "2023-08-01", "MPR_2025M07_WAGES_S1": { "v": "5.36" }, "MPR_2025M07_WAGES_S2": { "v": "4.30" }, "MPR_2025M07_WAGES_S3": { "v": "3.63" } }, { "d": "2023-09-01", "MPR_2025M07_WAGES_S1": { "v": "5.41" }, "MPR_2025M07_WAGES_S2": { "v": "4.54" }, "MPR_2025M07_WAGES_S3": { "v": "3.49" } }, { "d": "2023-10-01", "MPR_2025M07_WAGES_S1": { "v": "4.87" }, "MPR_2025M07_WAGES_S2": { "v": "4.12" }, "MPR_2025M07_WAGES_S3": { "v": "3.58" }, "MPR_2025M07_WAGES_S4": { "v": "5.87" } }, { "d": "2023-11-01", "MPR_2025M07_WAGES_S1": { "v": "5.20" }, "MPR_2025M07_WAGES_S2": { "v": "4.04" }, "MPR_2025M07_WAGES_S3": { "v": "3.80" } }, { "d": "2023-12-01", "MPR_2025M07_WAGES_S1": { "v": "5.95" }, "MPR_2025M07_WAGES_S2": { "v": "4.21" }, "MPR_2025M07_WAGES_S3": { "v": "4.05" } }, { "d": "2024-01-01", "MPR_2025M07_WAGES_S1": { "v": "5.62" }, "MPR_2025M07_WAGES_S2": { "v": "4.11" }, "MPR_2025M07_WAGES_S3": { "v": "3.17" }, "MPR_2025M07_WAGES_S4": { "v": "5.11" } }, { "d": "2024-02-01", "MPR_2025M07_WAGES_S1": { "v": "5.09" }, "MPR_2025M07_WAGES_S2": { "v": "3.81" }, "MPR_2025M07_WAGES_S3": { "v": "4.11" } }, { "d": "2024-03-01", "MPR_2025M07_WAGES_S1": { "v": "5.07" }, "MPR_2025M07_WAGES_S2": { "v": "3.39" }, "MPR_2025M07_WAGES_S3": { "v": "3.40" } }, { "d": "2024-04-01", "MPR_2025M07_WAGES_S1": { "v": "4.75" }, "MPR_2025M07_WAGES_S2": { "v": "3.47" }, "MPR_2025M07_WAGES_S3": { "v": "3.00" }, "MPR_2025M07_WAGES_S4": { "v": "3.22" } }, { "d": "2024-05-01", "MPR_2025M07_WAGES_S1": { "v": "5.20" }, "MPR_2025M07_WAGES_S2": { "v": "3.79" }, "MPR_2025M07_WAGES_S3": { "v": "4.14" } }, { "d": "2024-06-01", "MPR_2025M07_WAGES_S1": { "v": "5.54" }, "MPR_2025M07_WAGES_S2": { "v": "4.39" }, "MPR_2025M07_WAGES_S3": { "v": "3.35" } }, { "d": "2024-07-01", "MPR_2025M07_WAGES_S1": { "v": "5.36" }, "MPR_2025M07_WAGES_S2": { "v": "4.13" }, "MPR_2025M07_WAGES_S3": { "v": "3.90" }, "MPR_2025M07_WAGES_S4": { "v": "2.12" } }, { "d": "2024-08-01", "MPR_2025M07_WAGES_S1": { "v": "5.16" }, "MPR_2025M07_WAGES_S2": { "v": "4.29" }, "MPR_2025M07_WAGES_S3": { "v": "5.01" } }, { "d": "2024-09-01", "MPR_2025M07_WAGES_S1": { "v": "4.59" }, "MPR_2025M07_WAGES_S2": { "v": "3.98" }, "MPR_2025M07_WAGES_S3": { "v": "4.93" } }, { "d": "2024-10-01", "MPR_2025M07_WAGES_S1": { "v": "5.20" }, "MPR_2025M07_WAGES_S2": { "v": "4.34" }, "MPR_2025M07_WAGES_S3": { "v": "5.52" }, "MPR_2025M07_WAGES_S4": { "v": "2.63" } }, { "d": "2024-11-01", "MPR_2025M07_WAGES_S1": { "v": "4.10" }, "MPR_2025M07_WAGES_S2": { "v": "3.78" }, "MPR_2025M07_WAGES_S3": { "v": "4.68" } }, { "d": "2024-12-01", "MPR_2025M07_WAGES_S1": { "v": "3.54" }, "MPR_2025M07_WAGES_S2": { "v": "3.43" }, "MPR_2025M07_WAGES_S3": { "v": "5.71" } }, { "d": "2025-01-01", "MPR_2025M07_WAGES_S1": { "v": "2.92" }, "MPR_2025M07_WAGES_S2": { "v": "3.26" }, "MPR_2025M07_WAGES_S3": { "v": "6.02" }, "MPR_2025M07_WAGES_S4": { "v": "1.59" } }, { "d": "2025-02-01", "MPR_2025M07_WAGES_S1": { "v": "3.14" }, "MPR_2025M07_WAGES_S2": { "v": "3.46" }, "MPR_2025M07_WAGES_S3": { "v": "4.55" } }, { "d": "2025-03-01", "MPR_2025M07_WAGES_S1": { "v": "2.74" }, "MPR_2025M07_WAGES_S2": { "v": "3.34" }, "MPR_2025M07_WAGES_S3": { "v": "3.78" } }, { "d": "2025-04-01", "MPR_2025M07_WAGES_S1": { "v": "2.73" }, "MPR_2025M07_WAGES_S2": { "v": "3.37" }, "MPR_2025M07_WAGES_S3": { "v": "3.92" } }, { "d": "2025-05-01", "MPR_2025M07_WAGES_S1": { "v": "2.61" }, "MPR_2025M07_WAGES_S2": { "v": "2.95" } }, { "d": "2025-06-01", "MPR_2025M07_WAGES_S1": { "v": "2.58" }, "MPR_2025M07_WAGES_S2": { "v": "2.86" } } ] }