
Jobs data: Here are the sectors that saw the highest wage growth in September
BNN Bloomberg
In a report Friday, Statistics Canada found average hourly wages rose 5.2 per cent in September, compared to a year ago. This marked the fourth month in a row that wage growth climbed more than five per cent.
In a report Friday, the government agency found average hourly wages rose 5.2 per cent in September, compared to a year ago. This marked the fourth month in a row that wage growth climbed more than five per cent.
Wage growth was the highest in professional, scientific and technical services (9.1 per cent), followed by accommodation and food services (8.7 per cent), and construction (7.5 per cent).
“The contrast between two of the standout sectors in terms of wage growth -- professional and technical services, and accommodation and food services -- illustrate both how far the labour market has come since the start of the pandemic, and how it’s changed,” said Brendon Bernard, senior economist at Indeed.com, over email on Friday.

U.S. corporate finance chiefs’ outlook for the economy improved over the first months of the year, at least until the outbreak of the U.S.-Israeli war on Iran, with executives expecting to increase employment amid solid revenue growth, though with continued pressure as well to raise prices, according to a Federal Reserve survey.












