April 25, 2024 12:51 GMT
Feb Average Weekly Earnings +4.5% While Payroll Employment -0.1%
CANADA DATA
- Canada Feb Payroll Employment -0.1% MOM or -18K.
- Payrolls decrease led by accommodation and food services.
- Average weekly earnings +0.5% MOM, +4.5% YOY (prior +3.7%).
- The BoC has said that while wage growth has begun to moderate, the elevated gains are at odds with weak productivity.
- Average weekly hours little changed MOM and +1.2% YOY.
- Job vacancies +3.4% MOM.
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