“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 |
| Â |
Seasonally adjusted |
| Â |
$ |
% 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 |
| r |
revised |
| p |
preliminary |
| 1. |
Rate of change for the first month of 2007 compared to the same month for 2006. |
| 2. |
Data not seasonally adjusted. |
|
From 2007, but still an interesting historical perspective.
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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
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
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