Labour Costs in Canada increased to 132.60 points in the first quarter of 2024 from 130.89 points in the fourth quarter of 2023. Labour Costs in Canada averaged 80.78 points from 1981 until 2024, reaching an all time high of 133.63 points in the second quarter of 2024 and a record low of 42.34 points in the first quarter of 1981. source: Statistics Canada
Labour Costs in Canada is expected to be 136.67 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Labour Costs is projected to trend around 139.26 points in 2025 and 141.63 points in 2026, according to our econometric models.