Albertans' earnings fall but remain highest of all provinces - Action News
Home WebMail Saturday, November 23, 2024, 03:48 AM | Calgary | -11.7°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Calgary

Albertans' earnings fall but remain highest of all provinces

Average weekly earnings in the province dipped to $1,106 in October, down 2.6 per cent from a year earlier, but still lead the country.

People here still make 16% more money, on average, than Canadians as a whole

Declines in the construction sector were partly responsible for the drop in Alberta's average weekly earnings in October, according to Statistics Canada. (Erin Collins/CBC)

Albertans make less money than they did a year ago, but still more than people in every other province.

Average weekly earnings in Alberta dipped to $1,106 in October, down 2.6 per cent from a year earlier, according to data released Wednesday by Statistics Canada.

Alberta was the only province to see a decline in earnings in October, but workers here still make more than in any other province by a substantial margin.

The next closest province is Newfoundland and Labrador at $1,022. TheCanadian average is $954.

Click on this interactive graph to see average weekly earningsby provincein October 2016 and the percentage change from October 2015:

Alberta's decline was largely due to reduced earnings in construction, transportation and warehousing, manufacturing, and the professional, scientific and technical servicesectors, according to StatisticsCanada.

After more than a decade of relatively steady growth, Alberta's average weekly earnings peaked at $1,172 in January 2015 and have been on a downward trend since then.

Earnings of Canadians, as a whole, have also grown since 2001 but at a slower pace. That growth has flattened out over the past year and a half.

This graph shows average weekly earnings in Alberta and Canada over the past 15 years: