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Average weekly earnings in Alberta

Average weekly earnings in Alberta

Posted on: 3/28/2018 | Author: ATB Financial's Economics + Research Team

​​Part One: In comparison to national earnings

It’s still early days in the post-recession recovery in Alberta and, while many businesses and workers continue to struggle, wages for those lucky enough to have work are rebounding.

Employees in Alberta earned an average of $1,147 per week in January. This is unchanged from the previous month but a gain of 3.1 per cent from January of last year. At the same time, Canadian workers earned $996 per week, an increase of 3.2 per cent from a year earlier.

The graph below shows how earnings have changed in both Alberta and Canada over the last ten years. (Note that the axis on the lefthand side starts at $700 per week, to better show movement over time). The red line shows earnings in Alberta. The impact of the recession is evident with earnings falling from an all-time high of $1,174 in at the start of 2015 to a low of $1,103 by the middle of 2016—a drop of 6 per cent. Canadian earnings, however, were unchanged over the same period.

Since bottoming out a year-and-a-half ago, earnings in Alberta have risen by nearly four per cent. It’s important to remember that this data is drawn from a survey of employers, so people who have lost their jobs and have seen wages fall to zero are not captured by the data.

Tomorrow in Part Two of our look at earnings, The Owl will explore how earnings have changed for employees within different sectors of Alberta’s economy.

Wages, graph

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