Key developments: Recent federal data show the average hourly wage in the United States sitting at $37.81, essentially flat for the past 20 months and only marginally above the $35.84 level recorded in January 2025 after inflation adjustment. Inflation‑adjusted hourly…
Continue reading Wage Growth Stalls as Inflation Erodes Real PayKey developments: Recent federal data show the average hourly wage hovering around $37.80, essentially flat for the past 20 months. While nominal wages have barely moved, inflation remains high – gasoline prices rose 9.1% in September and overall…
Continue reading Wage Growth Stalls as Inflation Erodes Real PayKey developments: Statistics Canada’s Labour Force Survey shows average hourly wages increased 2.3% year‑over‑year in September, reaching $37.64, up $0.86 from a year earlier. At the same time, consumer prices rose 3% over the 12‑month period to August,…
Continue reading Canadian wages rise 2.3% while inflation hits 3%, eroding purchasing powerAverage hourly wages in Canada climbed to $37.64 in September, a 2.3% year‑over‑year gain, but consumer prices have risen 3% over the past year. After accounting for inflation, the typical worker’s purchasing power fell by about 0.7%, meaning…
Continue reading Canadian wages rise 2.3% in September, yet inflation outpaces pay, eroding buying powerThe latest Labour Force Survey from Statistics Canada shows average hourly pay climbed to $37.64, a 2.3% year‑over‑year increase. At the same time, consumer prices have risen 3% over the past year, widening the real‑wage gap to about…
Continue reading Canadian wages rise 2.3% in September but inflation outpaces gains at 3%Key developments: The latest employment establishment survey shows average hourly earnings grew just 3% year‑over‑year in September, marking the weakest increase since May 2021. While nominal wages ticked up, inflation remains well above 3%, meaning real wages are actually…
Continue reading U.S. Average Hourly Wages Rise Only 3% in September, Smallest Gain Since 2021Key developments: – The latest U.S. establishment survey shows average hourly earnings rose 3% year‑over‑year in September, marking the smallest gain since May 2021. – Inflation remains well above the 3% pace of wage growth, meaning workers’ purchasing…
Continue reading U.S. Average Hourly Earnings Edge Up 3% in September, Real Wages Slide
