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| Business sector: Labour productivity and related variables for Canada and the United States | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Second quarter 2006 | Third quarter 2006 | Fourth quarter 2006 | First quarter 2007 | Second quarter 2007 | Third quarter 2007 | Fourth quarter 2007 | First quarter 2008 | Second quarter 2008 | |||||
| % change from previous quarter, seasonally adjusted | |||||||||||||
| Canada | |||||||||||||
| Labour productivity | 0.1 | -0.2 | 0.2 | 0.6 | 0.1 | 0.1 | -0.6 | -0.6 | -0.2 | ||||
| Real gross domestic product | 0.3 | 0.2 | 0.4 | 1.0 | 1.0 | 0.5 | 0.0 | -0.5 | -0.2 | ||||
| Hours worked | 0.2 | 0.5 | 0.3 | 0.5 | 0.9 | 0.5 | 0.7 | 0.1 | 0.1 | ||||
| Hourly compensation | 1.1 | 1.2 | 1.3 | 1.4 | 0.3 | 0.7 | 0.9 | 1.4 | 0.9 | ||||
| Unit labour cost | 1.0 | 1.5 | 1.2 | 0.8 | 0.2 | 0.7 | 1.6 | 1.9 | 1.2 | ||||
| Exchange rate1 | -2.8 | -0.1 | 1.6 | 2.8 | -6.3 | -4.9 | -6.0 | 2.3 | 0.6 | ||||
| Unit labour cost in US dollars | 3.8 | 1.6 | -0.4 | -1.9 | 6.9 | 5.8 | 8.1 | -0.3 | 0.6 | ||||
| United States2 | |||||||||||||
| Labour productivity | 0.3 | -0.5 | 0.0 | 0.0 | 1.2 | 1.5 | 0.0 | 0.6 | 1.1 | ||||
| Real gross domestic product | 0.7 | 0.1 | 0.4 | -0.2 | 1.4 | 1.3 | -0.2 | 0.2 | 0.8 | ||||
| Hours worked | 0.4 | 0.6 | 0.4 | -0.2 | 0.2 | -0.2 | -0.2 | -0.4 | -0.3 | ||||
| Hourly compensation | 0.1 | 0.5 | 2.2 | 1.2 | 0.5 | 0.9 | 1.1 | 0.9 | 1.0 | ||||
| Unit labour cost | -0.3 | 1.0 | 2.1 | 1.2 | -0.7 | -0.6 | 1.1 | 0.3 | -0.1 | ||||
| 2003 | 2004 | 2005 | 2006 | 2007 | Third quarter 2007 | Fourth quarter 2007 | First quarter 2008 | Second quarter 2008 | |||||
| % change from the previous year | % change from same quarter of previous year, seasonally adjusted | ||||||||||||
| Canada | |||||||||||||
| Labour productivity | 0.2 | 0.2 | 2.0 | 1.6 | 0.6 | 0.9 | 0.1 | -1.1 | -1.4 | ||||
| Real gross domestic product | 1.5 | 3.3 | 2.9 | 3.2 | 2.6 | 3.0 | 2.6 | 1.0 | -0.1 | ||||
| Hours worked | 1.3 | 3.1 | 0.9 | 1.5 | 2.0 | 2.1 | 2.5 | 2.1 | 1.3 | ||||
| Hourly compensation | 2.6 | 3.3 | 4.5 | 5.1 | 4.2 | 3.8 | 3.4 | 3.3 | 4.0 | ||||
| Unit labour cost | 2.4 | 3.1 | 2.4 | 3.5 | 3.6 | 2.9 | 3.3 | 4.4 | 5.5 | ||||
| Exchange rate1 | -10.8 | -7.1 | -6.9 | -6.4 | -5.3 | -6.8 | -13.8 | -14.3 | -8.0 | ||||
| Unit labour cost in US dollars | 15.1 | 10.9 | 9.8 | 10.6 | 9.9 | 10.4 | 19.9 | 21.9 | 14.7 | ||||
| United States2 | |||||||||||||
| Labour productivity | 3.8 | 2.9 | 1.8 | 0.9 | 1.5 | 2.8 | 2.8 | 3.4 | 3.2 | ||||
| Real gross domestic product | 3.1 | 4.2 | 3.5 | 3.0 | 2.0 | 3.0 | 2.4 | 2.8 | 2.2 | ||||
| Hours worked | -0.7 | 1.3 | 1.6 | 2.1 | 0.5 | 0.2 | -0.3 | -0.6 | -1.0 | ||||
| Hourly compensation | 4.1 | 3.8 | 4.0 | 3.8 | 4.2 | 4.8 | 3.7 | 3.4 | 3.9 | ||||
| Unit labour cost | 0.2 | 0.8 | 2.1 | 2.9 | 2.6 | 1.9 | 0.9 | 0.0 | 0.7 | ||||
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