top of page

Wages are catching up with inflation

Updated: Jul 4, 2022

Photo: Getty Images iStock Photo pour Le Devoir
Photo: Getty Images iStock Photo for Le Devoir

Source: Le Devoir | Éric Desrosiers

In Quebec, the unemployment rate increased by 0.3 percentage points in May, reaching 4.2%.

The rise in wages is getting closer and closer to that of the cost of living.

Constantly accelerating for several months, the increase in the average hourly wage rose from 5.7% to 6.9% over one year last month in Quebec, Statistics Canada reported on Friday, revealing the results of its most recent Labor Force Survey.

Wage growth remains less marked across Canada, but still strengthened last month with an increase from 3.3% to 3.9%.

The original text is in French. You may Google translate it directly from the following link.


Subscribe to our blog • Stay informed

Thanks for subscribing

bottom of page