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Unit labour cost growth, inflation and productivity growth in Canada and the United States

The unit labour cost (ULC) is often used as a broad measure of international price competitiveness. It deviates from the inflation rate when the real wage rate and labour productivity grow at different paces. Since the COVID-19 pandemic, Canada has experienced an acceleration of unit labour cost gro...

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Autor principal: Weimin Wang
Format: Artigo
Idioma:Inglês
Publicat: Statistics Canada 2025-04-01
Col·lecció:Economic and Social Reports
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Accés en línia:https://www150.statcan.gc.ca/n1/pub/36-28-0001/2025004/article/00004-eng.htm
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