CA Labor Productivity q/q
Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;
- CA Labor Productivity q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Dec 4, 2024 | -0.4% | -0.2% | -0.1% |
Sep 5, 2024 | -0.2% | -0.1% | -0.3% |
Jun 5, 2024 | -0.3% | -0.2% | 0.2% |
Mar 6, 2024 | 0.4% | 0.2% | -0.5% |
Dec 6, 2023 | -0.8% | -0.6% | -0.1% |
Sep 6, 2023 | -0.6% | -0.1% | -0.8% |
Jun 7, 2023 | -0.6% | 0.1% | -0.5% |
Mar 3, 2023 | -0.5% | 0.2% | -0.3% |
-
- CA Labor Productivity q/q News
- From statcan.gc.ca|Dec 4, 2024
Labour productivity of Canadian businesses fell 0.4% in the third quarter, after edging down by 0.1% in the second quarter and by 0.2% in the first quarter. The decline in productivity in the third quarter reflects the slowdown in the pace of growth in business output, while hours worked continued to increase at a rate fairly similar to that of the previous two quarters. Growth in real gross domestic product of businesses slowed to 0.1% in the third quarter, after rising by 0.5% in the previous quarter. Hours worked in the business ...
- From statcan.gc.ca|Sep 5, 2024
Labour productivity of Canadian businesses edged down 0.2% in the second quarter, after posting a similar decline in the previous quarter (-0.3%) and a 0.3% increase in the fourth quarter of 2023. In the second quarter of 2024, business output and hours worked both increased at a slightly faster pace than in the previous quarter. However, growth of output was slightly lower than that of hours worked, resulting in a moderate decline in productivity in the second quarter. Real gross domestic product of businesses rose 0.5% in the ...
- From statcan.gc.ca|Jun 5, 2024
Labour productivity of Canadian businesses declined 0.3% in the first quarter, following an increase of 0.2% in the previous quarter. In the first quarter, business output grew moderately, as in the previous quarter. At the same time, hours worked rebounded, recording a growth that outpaced that of output. Real gross domestic product of businesses edged up 0.1% in the first quarter, similar to the increase recorded in the fourth quarter of 2023. Hours worked in the business sector increased 0.4% in the first quarter of 2024, after ...
- From statcan.gc.ca|Mar 6, 2024
Labour productivity of Canadian businesses rose 0.4% in the fourth quarter, after falling 0.5% in the third quarter. This was the first gain since the first quarter of 2022 (+1.0%). Without increasing the hours worked, businesses were able to increase their output in the fourth quarter, resulting in productivity growth. Real gross domestic product (GDP) of businesses rebounded 0.4% in the fourth quarter, after decreasing 0.4% the previous quarter. Meanwhile, hours worked in the business sector were stable in the fourth quarter, after ...
- From statcan.gc.ca|Dec 6, 2023
Labour productivity of Canadian businesses decreased 0.8% in the third quarter, after edging down 0.1% in the previous quarter. This was a sixth consecutive quarterly decline. The decline in productivity in the third quarter mainly reflects the contraction in business output observed after two quarters of growth, while hours worked increased slightly. In the third quarter, real gross domestic product of businesses contracted 0.7%, after having grown 0.3% in the second quarter and 0.5% in the first quarter. Hours worked in the ...
- From statcan.gc.ca|Sep 6, 2023
Labour productivity of Canadian businesses fell 0.6% in the second quarter, extending the string of declines observed since the second quarter of 2022. The decline observed in the second quarter of 2023 occurred within a quarter marked by a slowdown in business output and growth in hours worked. After rebounding in the previous quarter, business output contracted slightly in the second quarter, while growth in hours worked continued, albeit more moderately. Over the past three quarters, real gross domestic product (GDP) of businesses ...
- From statcan.gc.ca|Jun 7, 2023
Labour productivity of Canadian businesses fell 0.6% in the first quarter, a similar decrease to that recorded in the previous quarter (-0.5%) and the fourth consecutive quarterly decline. Chart 1 Chart 1: Growth in hours worked again exceeds that of business output in the first quarter Growth in hours worked again exceeds that of business output in the first quarter Chart 1: Growth in hours worked again exceeds that of business output in the first quarter Business output resumed growth in the first quarter, following a contraction ...
- From statcan.gc.ca|Mar 3, 2023
The labour productivity of Canadian businesses fell 0.5% in the fourth quarter, a third consecutive quarterly decline. The decline in productivity in the fourth quarter primarily reflects the contraction in business output after five quarters of growth, while hours worked continue to increase, but at a much slower pace. Between the fourth quarter of 2019—the last quarter before the start of the COVID-19 pandemic—and the fourth quarter of 2022, labour productivity decreased 0.1% on average per quarter. The real gross domestic product ...
Released on Dec 4, 2024 |
---|
Released on Sep 5, 2024 |
---|
Released on Jun 5, 2024 |
---|
Released on Mar 6, 2024 |
---|
Released on Dec 6, 2023 |
---|
Released on Sep 6, 2023 |
---|
Released on Jun 7, 2023 |
---|
Released on Mar 3, 2023 |
---|
- Details