Measures labour productivity in the business sector as measured by the ratio of output (GDP) to the number of hours worked.
|Trend||% CHANGE||% CHANGE|
|TREND:||INCREASEINC||DECREASEDEC||NO CHANGENO CHG||POSITIVEPOS||NEGATIVENEG|
PUBLISHED - Jun 22, 2016
According to Statistics Canada's latest productivity database, Alberta has the highest labour productivity level in the country. In 2015, labour productivity in Alberta's business sector was $69.30 per hour, 38.9% higher than the Canadian average of $49.90 per hour. In terms of labour productivity growth, Alberta had a 3.6% decrease between 2014 and 2015, compared with a 0.4% decrease at the national level. Alberta's compound annual growth rate in labour productivity over the past five years (2010 to 2014) was 0.6% per year, slightly lower than the Canadian growth rate of 1.1% per year.