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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

December 04, 2018

Labour productivity of Canadian businesses rose 0.3 per cent in the third quarter of 2018, slowing from 0.7 per cent in the last quarter, and showing higher growth than the -0.7 per cent productivity growth of Q3 2017. Real gross domestic product (GDP) of businesses was up 0.5 per cent in Q3 while hours worked rose 0.2 per cent.  Growth in total compensation per hour worked was up 0.5 per cent in 2018Q3.

Unit labour cost increased 0.2 per cent in Q3 after declining 0.6 per cent in the previous quarter. 

Measured in US dollars, Canada's unit labour costs declined 1.0 per cent in the quarter, after a larger decline of -2.6 per cent in Q2.

Unit labour costs in US dollars have declined 2.7 per cent since Q3 2017.

Note: Labour productivity, GDP and, unit labour costs cover the business sector only. Labour productivity is a measure of real GDP per hour worked. Unit labour cost is defined as the cost of workers' wages and benefits per unit of real GDP.

Statistics Canada.  Table  36-10-0206-01   Indexes of business sector labour productivity, unit labour cost and related variables



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