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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

September 04, 2019
CANADA BUSINESS SECTOR LABOUR PRODUCTIVITY, Q2 2019

Labour productivity of Canadian businesses rose 0.2 per cent in the second quarter of 2019 after 0.4 per cent growth the previous quarter. Growth in the second quarter is slower than growth in the same quarter of 2018, when labour productivity grew 0.3 per cent. Real gross domestic product (GDP) of businesses increased 1.0 per cent in the second quarter with hours worked rising by 0.8 per cent.  Growth in total compensation per hour worked was up 0.9 per cent in 2019Q2.

Unit labour cost increased 0.7 per cent in Q1, a slower pace than the previous two quarters. 

Measured in US dollars, Canada's unit labour costs rose 0.1 per cent in the quarter. Unit labour costs in US dollars have declined 3.3 per cent since Q1 2018.

Note: Labour productivity, GDP and, unit labour costs cover the business sector only. Labour productivity is a measure of real GDP per hour worked. Unit labour cost is defined as the cost of workers' wages and benefits per unit of real GDP.

Statistics Canada.  Table  36-10-0206-01   Indexes of business sector labour productivity, unit labour cost and related variables



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