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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 30, 2019
COMPENSATION OF EMPLOYEES Q2 2019

Nova Scotia's seasonally adjusted employee compensation (wages+salaries+employer social contributions) increased 1.2 per cent in the second quarter of 2019 to $6.038 billion. Compared to the second quarter of 2018 compensation was up 4.9 per cent, the fastest pace of growth since Q3 2008.

The wages and salaries portion of employee compensation was up 1.3 per cent to $5.173 billion in the second quarter; an increase of 5.0 per cent over the same quarter in 2018. Employers' social contributions increased 0.9 per cent in the quarter and were 4.5 per cent higher than the second quarter 2018.

For the quarter, Canada's employee compensation was up 1.7 per cent as compensation increased in all provinces except Prince Edward island. Quarterly growth was fastest in New Brunswick at 2.2 per cent.

Comparing Q1-Q2 2019 with Q1-Q2 2018, Canada's employee compensation was up 3.9 per cent. The fastest growth was in New Brunswick (+5.4%) and British Columbia (+5.2%). Nine provinces had growth above 3 per cent with Alberta (+1.5%) reporting growth below 3 per cent.

Comparing the seasonally unadjusted data for first half of 2019 with the first half of 2018 total wages and salaries increased 4.8 per cent in Nova Scotia. The total wages and salaries paid in the goods sector rose by 5.0 per cent. The total wages and salaries rose in agriculture, forestry and fishing (+2.1%), mining, oil and gas (+3.0%), manufacturing (+4.1%), construction (+7.7%) and utilities (+4.9%).

All private sector service sectors had year over year growth. Growth was strongest in professional services (+6.0%), trade (+4.8%), and information and cultural industries (+4.2%), but also up in finance and real estate (+3.0%) and transportation and storage (+0.6%).

Total wages and salaries were up for educational services (+6.0%), health Care and Social Assistance (+7.2%), federal public administration (+3.1%), military (+1.9%), local government (+1.7%) and declined in provincial public administration (-0.4%).

 

Note: comparison of wages and salaries by sector rely on data that are neither seasonally adjusted nor adjusted to reflect differences in pay periods from one year to the next.

Statistics Canada.  Table  36-10-0205-01   Wages, salaries and employers' social contributions (x 1,000)



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