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Average weekly earnings stuck in a rut

Average weekly earnings stuck in a rut

Posted on: 2/27/2019 | Author: ATB Financial's Economics + Research Team

​​Not only are many job seekers in Alberta having a tough time finding work, but many working Albertans are likely frustrated with the lack of growth in their pay. In December 2018, the average weekly wage in Alberta was $1,148. (This number takes into account seasonal variations.)

Compared to the same month a year earlier, wages were 0.3 per cent lower. However, they were 4.2 per cent higher than during the pit of the recession in 2016.

The recent wage numbers are from Statistics Canada’s Survey of Payroll Employment, Earnings and Hours. It is a survey of employers and only conveys information about workers who are currently employed.

Despite the lack of growth in the take home pay of working Albertans, when measured against our provincial counterparts, average wages in Alberta still remain the highest in the country. Employees in this province earn close to 14 per cent more than workers in the rest of the country. Nationally, average weekly earnings reached $1,012 in December.

With a job market struggling to find traction, 2019 year might be another year with little to no wage growth.

Average Weekly Earnings, graph

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