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October 2003     Vol. 4, no. 10

Earnings of immigrant workers and Canadian-born workers

Despite a massive increase in their educational attainment, recent immigrant men employed on a full-year, full-time basis saw their real earnings fall 7% on average from 1980 to 2000. During the same period, however, real earnings of Canadian-born men went up 7%.

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Family income and participation in postsecondary education

Postsecondary education is no more the domain of students from well-to-do families than it was two decades ago.

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Gross domestic product by industry

After five months of stagnation, gross domestic product (GDP) jumped0.6% in July, with significant gains registered across the economy. This was the largest monthly gain in GDP since April2002.

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Employment Insurance

The estimated number of Canadians receiving regular Employment Insurance benefits in July rose2.1% from June to581,540, marking the sixth consecutive monthly rise.

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British Columbia university graduates: Earnings over time

A new study of university graduates in British Columbia shows little support for arguments that the value of a sciences, humanities or social sciences education has declined relative to an education in applied fields. While earnings were higher in applied fields, the gap did not increase for more recent graduates.

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Payroll employment, earnings and hours

Average weekly earnings of payroll employees edged down0.3% in July. The new level represents a1.0% increase from July2002.

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Leading indicators

The composite leading index grew0.5% in August, equalling its revised gain in July. Manufacturing continued to weaken, notably as the workweek was reduced by the blackout in Ontario. Excluding this, the overall index rose0.8%, the largest since May2002,when both GDP and employment were growing strongly.

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Consumer Price Index

The 12-month increase in the Consumer Price Index (CPI) eased to2.0% in August from2.2% in July. August's 12-month increase was well below the recent peak reached in February and was the lowest since July2002.

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Construction Union Wage Rate Index

The Construction Union Wage Rate Index (including supplements) for Canada remained unchanged in August from the July level of128.0(1992=100). The Composite index increased2.3% from the August2002index.

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