labour
Unit Labour Costs (YoY)
Labour cost per unit of output, year-over-year change
🇨🇦 Canada
1.0%▼ 0.4
As of 2025-07-01
🇺🇸 United States
1.7%▼ 1.5
As of 2025-04-01
Historical Comparison
- Canada
- United States
Why it matters
Rising ULC erodes competitiveness if not matched by productivity.
Frequency: quarterly
Units: percent change
Seasonal adj.: sa
Importance: 7/10