this post was submitted on 06 Apr 2024
65 points (97.1% liked)

Canada

6940 readers
581 users here now

What's going on Canada?

Communities

🍁 Meta

πŸ—ΊοΈ Provinces / Territories

πŸ™οΈ Cities / Regions

πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

πŸ’» Universities

πŸ‘’ Lifestylecoming soon

πŸ’΅ Finance / Shopping

πŸ—£οΈ Politics

🍁 Other

Rules

Reminder that the rules for lemmy.ca also apply here:

  1. No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
  2. Be respectful. Everyone should feel welcome here.
  3. No porn.
  4. No Ads / Spamming.

founded 3 years ago
MODERATORS
[email protected]
65
The 'Great Canadian Slump' is back: Weekly earnings have increased only 1.6 percent between 2015 and 2024, or less than 0.2 percent per year (thehub.ca)
submitted 3 months ago by [email protected] to c/[email protected]
11 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 34 points 3 months ago* (last edited 3 months ago) (10 children)

Labour productivity has grown by 0.2 percent annually, on average, between early 2015 and the end of 2023.

...average weekly earnings have increased only 1.6 percent between January 2015 and January 2024, or less than 0.2 percent per year.

This sounds like productivity is commensurate with pay. Maybe instead of advocating for interest rates to drop (which has issues of its own), we should be advocating for proper pay raises?

Edit to add a note: This comment is intending to call them out about poor wages. If you want more productivity, then pay us for it! I'm sick of doing the work of 3 people with measly, if any, wage raises!

[–] Perhapsjustsniffit 17 points 3 months ago

But think about the shareholders. They can't just cancel Disney+ because of some silly pay raises.

load more comments (9 replies)