Canadians are Earning More
“The average weekly earnings of payroll employees (seasonally adjusted) increased $1.06 (+0.1%) from a month earlier to $764.12 in February.”, pronounced Stats Canada, and that is a good thing. Given that employment is also increasing in Canada as well, that is a good thing!
The number they quote is a little weird $764 a month is only about $9,000 per year, but I think it is a composite of ALL incomes, so it includes part time and high school students and such. Have a look at this table it is fascinating to read (and reprinted without permission, so check out the Stats Canada version as well):
| Average weekly earnings (including overtime) for all employees | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry group (North American Industry Classification System) | February 2006 | January 2007 | February 2007 | January to February 2007 | February 2006 to February 2007 | Year-to-date average 2007 | ||||||||
| Seasonally adjusted | ||||||||||||||
| $ | % change | |||||||||||||
| Industrial aggregate | 740.18 | 763.06 | 764.12 | 0.1 | 3.2 | 3.1 | ||||||||
| Forestry, logging and support | 959.52 | 979.32 | 989.48 | 1.0 | 3.1 | 2.8 | ||||||||
| Mining and oil and gas | 1,335.90 | 1,393.04 | 1,391.25 | -0.1 | 4.1 | 4.4 | ||||||||
| Utilities | 1,081.69 | 1,100.87 | 1,103.97 | 0.3 | 2.1 | 2.2 | ||||||||
| Construction | 898.07 | 907.34 | 915.17 | 0.9 | 1.9 | 1.6 | ||||||||
| Manufacturing | 898.52 | 926.29 | 923.17 | -0.3 | 2.7 | 2.8 | ||||||||
| Wholesale trade | 862.76 | 898.54 | 907.21 | 1.0 | 5.2 | 4.8 | ||||||||
| Retail trade | 484.30 | 485.67 | 490.96 | 1.1 | 1.4 | 0.8 | ||||||||
| Transportation and warehousing | 785.75 | 795.32 | 798.40 | 0.4 | 1.6 | 1.5 | ||||||||
| Information and cultural industries | 922.40 | 957.50 | 955.35 | -0.2 | 3.6 | 3.8 | ||||||||
| Finance and insurance | 939.81 | 979.76 | 989.95 | 1.0 | 5.3 | 4.5 | ||||||||
| Real estate and rental and leasing | 664.63 | 702.50 | 704.60 | 0.3 | 6.0 | 5.8 | ||||||||
| Professional, scientific and technical services | 949.91 | 976.26 | 975.32 | -0.1 | 2.7 | 2.4 | ||||||||
| Management of companies and enterprises | 968.92 | 915.36 | 929.31 | 1.5 | -4.1 | -4.2 | ||||||||
| Administrative and support, waste management and remediation services | 586.38 | 645.60 | 641.63 | -0.6 | 9.4 | 9.6 | ||||||||
| Educational services | 816.98 | 821.46 | 815.54 | -0.7 | -0.2 | 0.4 | ||||||||
| Health care and social assistance | 672.95 | 695.29 | 694.58 | -0.1 | 3.2 | 3.1 | ||||||||
| Arts, entertainment and recreation | 429.46 | 440.95 | 441.21 | 0.1 | 2.7 | 1.8 | ||||||||
| Accommodation and food services | 292.00 | 325.55 | 319.69 | -1.8 | 9.5 | 10.9 | ||||||||
| Other services (excluding public administration) | 568.73 | 598.23 | 596.57 | -0.3 | 4.9 | 5.3 | ||||||||
| Public administration | 916.35 | 949.24 | 957.31 | 0.9 | 4.5 | 4.1 | ||||||||
| Provinces and territories | ||||||||||||||
| Newfoundland and Labrador | 683.04 | 702.86 | 704.23 | 0.2 | 3.1 | 3.0 | ||||||||
| Prince Edward Island | 599.78 | 625.02 | 632.08 | 1.1 | 5.4 | 4.8 | ||||||||
| Nova Scotia | 652.15 | 666.77 | 669.56 | 0.4 | 2.7 | 2.4 | ||||||||
| New Brunswick | 678.46 | 696.84 | 702.26 | 0.8 | 3.5 | 3.3 | ||||||||
| Quebec | 692.66 | 707.63 | 716.07 | 1.2 | 3.4 | 3.1 | ||||||||
| Ontario | 778.35 | 798.01 | 798.69 | 0.1 | 2.6 | 2.5 | ||||||||
| Manitoba | 669.43 | 686.10 | 696.29 | 1.5 | 4.0 | 3.4 | ||||||||
| Saskatchewan | 683.79 | 710.55 | 714.78 | 0.6 | 4.5 | 3.8 | ||||||||
| Alberta | 789.17 | 827.45 | 829.53 | 0.3 | 5.1 | 5.2 | ||||||||
| British Columbia | 735.61 | 752.65 | 750.41 | -0.3 | 2.0 | 2.2 | ||||||||
| Yukon | 848.16 | 856.85 | 862.48 | 0.7 | 1.7 | 1.2 | ||||||||
| Northwest Territories | 984.19 | 970.46 | 981.29 | 1.1 | -0.3 | 0.1 | ||||||||
| Nunavut | 877.55 | 924.92 | 937.97 | 1.4 | 6.9 | 5.3 | ||||||||
|
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Cool stuff eh?
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April 26th, 2007 at 6:50 am
C8J Mis-stated: “The number they quote is a little weird $764 a month is only about $9,000 per year,”
Stats Canada is discussing WEEKLY income, so $764 weekly = $39,728. Still not enough to buy a house in Ottawa, Toronto, Saskatoon, much of Alberta, or southern BC, and many other places with escalating prices.
This should translate to an average family income in the $76,000 range, as all families do not have two incomes.
David
April 26th, 2007 at 7:33 am
Thanks, I knew something was wrong, I have left the dumb ass comment in, but have struck it through, so folks understand your comment (and my stupidity).
I’ll just go back to the “dumb dumb” shed now… -c8j
April 26th, 2007 at 4:48 pm
Just shows one of the things I learned in school: One can’t properly proofread one’s own work! I guess StatsCan reported weekly earnings, as folks are paid on different periods, and a weekly report is the best denominator. Some of the numbers are interesting: the “Starving Artist” is represented; the petroleum industry wages are a bit higher than I would have expected; the hospitality industry a bit lower. I was surprised at the ‘utility’ category.
David