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    America
    Latest
    Date
    First Data
    Data Period

    Canada

    36.01
    2024-05-31
    35.77
    Monthly

    United States

    0.4
    2024-05-31
    0.2
    Monthly
    About Average Hourly Earnings

    "The average salary per hour refers to the average salary income obtained by a worker within an hour. This concept is usually used to compare the wages in different types of work, different industries and regions. Important indicators of economic activities can reflect the economic vitality of the region, the supply and demand relationship of the labor market, the skill level of labor, and the productivity of the region.


    The calculation of the average salary per hour is usually based on the working hours of each employee. Therefore, an employee with high wages, such as high -skilled workers or managers, usually drives the average salary level of the entire industry or region to increase. On the contrary, the existence of low -skilled workers or low -income occupations may lower the average salary level of the entire industry or region.


    The changes in the average salary per hour can reflect some economic trends, such as inflation, population changes and supply and demand relationships in the labor market. Generally, with the growth of economic growth and employment opportunities, the average salary per hour will increase. However, if the supply is excessive and the unemployment rate has increased in the labor market, it may lead to a decline in the average salary level per hour.


    The average salary per hour is also an important policy issue. The government usually regulates the labor market and promote economic growth by formulating the minimum wage standards, tax policies and labor regulations. At the same time, workers can also improve their average salary level per hour by organizing unions, collective negotiations, and striving for better benefits. "

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