Average Hourly Earnings for Canadian Workers Rises to $34.95, Statistics Canada Says

Published on May 11, 2024

The average hourly rate for Canadian employees is just under $35, according to data from Statistics Canada. That’s an increase of 4.7 percent or $1.57 year-over-year, the Labour Force Survey for April 2024 says, after a 5.1 percent in March. StatsCan noted that the number of hours Canadians worked has also increased, by 0.8 percent in April, and 1.2 percent compared to 12 months earlier. Just over a quarter of employees report having to go to work or connect to a work device at short notice several times a month, the report found. Employment across Canada increased by 90,000 or 0.4 percent in April, staying at 61.4 percent after about six months of decline. The unemployment rate remained unchanged at 6.1 percent....

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Facing Big Deficit in California, Newsom Proposes Billions in Cuts in Revised Budget

May 11, 2024
California Gov. Gavin Newsom presented a revised budget for the upcoming 2024-25 fiscal year May 10 including about $32.8 billion in spending cuts spread across the next two years after state revenues failed to meet expectations.The governor suggested the deficit is $27.6 billion, though that figure was calculated by subtracting $17.3 billion in solutions included in a “budget bill junior” signed

Gov. Newsom’s Revised Budget Still Doesn’t Add Up

May 11, 2024
Gov. Gavin Newsom raised his estimate of the state’s budget deficit from $38 billion in his January budget proposal to $44.9 billion in his May Revision released May 10. The plan would spend $187 billion from the general fund for fiscal year 2024–25, which begins on July 1. The California Constitution mandates the budget must be passed by lawmakers by June 15.But the $44.9 billion immediately is r