If you're an educator, nurse practitioner or government administration worker, chances are you've been bearing the brunt of higher costs more than other professionals in Canada.
The Star calculated "real" wage growth over the last decade for several Canadian industries using Statistics Canada data which shows how much average hourly wages have changed after taking into account the effect of inflation.
The results show that four out of 18 employment sectors saw declines in real wages, after factoring in reduced purchasing power due to inflation, while two sectors stagnated.
Educational services, which include workers at school boards, private and public schools, led the group with a five per cent slump in average real wages since 2013.
Public administration came second, with wages declining 2.5 per cent over the same period. This was followed by jobs in forestry, fishing, mining, quarrying, oil and gas, which saw average real wages fall by 16 per cent, and health care and social assistance, sliding 1.5 per cent.
Average real wages for jobs in transportation and warehousing as well as utilities experienced close to zero growth.
Recent record-breaking inflation rates have been particularly hard on those whose pay did not keep up.
Bu hikaye Toronto Star dergisinin January 12, 2024 sayısından alınmıştır.
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Bu hikaye Toronto Star dergisinin January 12, 2024 sayısından alınmıştır.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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