The agency did not provide data on the median salary for this month. An average is calculated by adding up all the data and then dividing it by the total number of quantities, which means it can be influenced by outliers, such as particularly high or low incomes.
This text is a translation of an article from CTV News.
In Quebec, the average weekly earnings including overtime were $1,194 in June, the same amount as the previous month, but an increase of $35 compared to June 2023 ($1,159) and an increase of $89 compared to the same time in 2022 ($1,105).
Statistics Canada’s income portrait comes as Canadians navigate a complex economic landscape. While inflation has slowed in recent months, prompting the Bank of Canada to lower interest rates and provide relief to Canadians struggling with the cost of living, gasoline prices rose year-over-year last month and buying a home remains out of reach for many. Statistics Canada data shows the ratio of unemployed people to job vacancies has widened further.
Some industries saw larger weekly wage increases than others. Workers in mining, quarrying, and oil and gas extraction earned an average of $168 more than they did in June of last year, for a total of $2,265.69 per week – the highest seasonally adjusted weekly wage recorded by Statistics Canada. Workers in information and cultural industries earned $150 more per week ($1,645 per week), and workers in wholesale trade earned $111 more ($1,412 per week).
On average, people worked about 33.5 hours per week, the same number of hours as last month and a 0.6% increase year-over-year.
At the same time, there were 2.6 unemployed people for every vacant job, slightly more than the previous month. This ratio has widened for five consecutive months, starting in July 2022. At that time, the ratio was one to one.
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Vacancies increased in a small number of sectors:
- Administrative and support services, waste management and decontamination, 16% increase;
- Transportation and storage, increase of 12.4%;
- Education services, 16.3%;
- Information and cultural industries, increase of 54.6%;
- Arts, entertainment and recreation, 16.3% increase.
The following sectors recorded a decrease in the number of vacancies in June:
- Accommodation and catering (-10.8%);
- Finance and insurance (-20.9%).
Due to these changes, the overall vacancy rate remained unchanged in June compared to May.
