Thursday, October 30th6.4°C
23888
23823

Minimum wage in 2013 same as 1975 in constant dollars: Statistics Canada

Statistics Canada says the average minimum wage in 2013 was almost identical to the 1975 minimum wage, in constant dollars.

The agency says the average minimum wage was $10.14 in 2013 and the 1975 wage, expressed in 2013 dollars, was $10.13.

Between 1975 and 2013, however, the minimum age in 1913 dollars, varied, slipping to $7.53 in 1986 before rising to $8.81 in 1996.

Up to 2003, the real minimum wage remained stable at around $8.50.

The report says 6.7 per cent of all paid employees earned the minimum wage in 2013, up from 5.0 per cent in 1997.

It says young employees, less-educated employees, part-timers and people in service industries were most likely to be paid minimum wage

The Canadian Press


Read more Business News

22831


Recent Trending




Today's Market
S&P TSX14527.57-96.68
S&P CDNX781.07-6.95
DJIA16974.31-31.44
Nasdaq4549.226-15.068
S&P 5001982.30-2.75
CDN Dollar0.8936-0.0005
Gold1204.60-20.30
Oil81.26-0.70
Lumber324.90-2.10
Natural Gas3.715+0.066

 
Okanagan Companies
Pacific Safety0.10-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.15+0.02
Cantex0.06-0.01
Anavex Life Sciences0.18-0.012
Metalex Ventures0.035-0.005
Russel Metals32.57+0.45
Copper Mountain Mining2.02-0.08
Colorado Resources0.1350.00
ReliaBrand Inc0.012-0.004
Sunrise Resources Ltd0.025+0.005
Mission Ready Services0.37-0.03

 



23028

FEATURED Property
2053172710 Matt Rd.
5 bedrooms 4 baths
$459,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Empty nesting: financial issues

Now that the children have ‘left the nest’, it is a good time to step back and take stock of your financial situation. Being on your own will probably cut household costs to some extent, b...


Keep your haunted home safe

Eerie sounds, spooky lights and Jack-o’-lanterns aglow—extra efforts at Halloween will keep visitors coming back for both tricks and treats. However, to keep the fun going, it’s imp...


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...

_








Member of BC Press Council


23091