Mining in Canada pays well but wage growth has sunk to near the bottom
Canada's miners are the best-paid workers in the country by a wide margin. They are also, this fall, among the worst-rewarded for staying loyal.
Canada’s mining sector offers some of the highest wages in the country, but recent wage growth for workers in the industry has slowed significantly. According to payroll data from ADP Canada, gross pay for workers who remained in their mining and natural resources jobs increased by 4.1% year-over-year in October, tied for eighth out of ten tracked sectors.
However, this growth is lagging behind other industries, such as information technology and finance, which saw increases of 5.0% and 5.4%, respectively. Statistics Canada’s data shows that average weekly earnings in mining, quarrying and oil and gas sectors were C$2,584 in August, compared to C$1,355 across all industries and C$531 in accommodation and food services.
Despite the lower wage growth in mining, the sector has been the most volatile in terms of pay growth over the past three years, with a standard deviation of 8.6 points compared to 2.4 points for manufacturing.
Written by urgent.news from Mining.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
