Your pay stub may not show it, but wages increased more last month, than in the previous decade.
Barrie 360 told you last week how Statistics Canada said Barrie’s jobless rate went down nearly a full percentage point, now we’re hearing from the same folks, that our wages went up.
Statistics Canada says wage growth saw a 4.5 per cent burst last month, the strongest month in over a decade. This, despite the economy going through a weak three-month job creation stretch.
A measure of year-over-year average hourly wage growth stood at 3.8 per cent in June, and only 2.8 per cent in May.