Free Trial

4Q labour productivity -0.1% vs. prior..>

CANADA DATA: 4Q labour productivity -0.1% vs. prior +0.2%
- 4Q labour productivity decline was the first time in a year. 
- Real GDP of businesses -0.1%; after 13 consecutive quarters of growth.
- Good-producing businesses (-0.6%), mainly manufacturing, led the 
decline in 4Q real GDP of businesses. 
- Hours worked +0.1%; forestry (+3.4%) and administrative services 
(+3.2%) reported the largest gains. 
- 4Q productivity decline was mainly led by forestry (-4.5%) and 
administrative services (-2.5%).
- Unit labour costs +1.0% vs. prior +1.0%.
- 2019 labour productivity +0.6% vs. prior -0.1%.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.