Labour Costs in Canada increased to 133 points in the third quarter of 2024 from 131.19 points in the second quarter of 2024. Labour Costs in Canada averaged 80.94 points from 1981 until 2024, reaching an all time high of 133.00 points in the third quarter of 2024 and a record low of 42.34 points in the first quarter of 1981. source: Statistics Canada
Labour Costs in Canada is expected to be 134.71 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Labour Costs is projected to trend around 137.83 points in 2026 and 140.17 points in 2027, according to our econometric models.