Highlights: Canadian average hourly wages increased by 5.4% in 2023!
- As per the Labour Force Survey (LFS), the average hourly wages in Canada rose with a 5.4% increase.
- The professional, scientific, and technical services were most in demand in 2023.
- Four Canadian provinces showed an increase in employment rates.
- British Columbia had the highest employment rate in December 2023.
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Details of the Employment Rates in Canada 2023
Canada had an increase in the employment rate in December 2023. The employment rate rose from +$1.78 to $34.45, a 5.4% increase.
Age-wise breakdown of employment
The population aged 15 and above increased by 74,000, 0.2%. There is an increase in the employment rate for core-aged men and young women.
The table given below has a detailed breakdown of age-wise employment rate.
|
Gender |
Age Group |
Percentage of increase |
|
Core-aged men |
25-54 |
0.40% |
|
Young women |
15-24 |
1.00% |
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Occupation-wise breakdown of employment
Most skilled workers were in the scientific, professional, and technical sectors.
The table given below has a detailed breakdown of occupation-wise employment rate.
|
Occupation |
Increase in percentage |
|
Health care and social assistance |
0.60% |
|
Personal and repair services |
1.50% |
|
Professional services |
2.40% |
|
Scientific and technical services |
2.40% |
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Province-wise breakdown of employment
Four Canadian provinces witnessed an increase in the employment rate in December 2023.
|
Province |
Increase in percentage |
|
British Columbia |
0.60% |
|
Nova Scotia |
1.30% |
|
Saskatchewan |
0.80% |
|
Newfoundland and Labrador |
1.00% |
Job Vacancies in Canada
The Canadian labor market brought in an additional 1000 job vacancies in December 2023, with a 23.6% increase in the part-time employment rate.
The table given below has the list of top occupations with job vacancies along with the average salaries:
|
Occupation |
Average Salary in CAD |
|
Sales Representative |
$52,000 to $64,000 |
|
Accountant |
$63,000 to $75,000 |
|
Engineering Project Manager |
$74,000 to $92,000 |
|
Business Analyst |
$73,000 to $87,000 |
|
IT Project Manager |
$92,000 to $114,000 |
|
Account Manager |
$75,000 to $92,000 |
|
Software Engineer |
$83,000 to $99,000 |
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