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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| Format: | Article |
| Language: | English |
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Statistics Canada
2025-04-01
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| Series: | Economic and Social Reports |
| Subjects: | |
| Online Access: | https://www150.statcan.gc.ca/n1/pub/36-28-0001/2025004/article/00004-eng.htm |
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