The lifting of COVID-related public health measures contributed to record-low unemployment in 2022. Employment will remain high into 2023 because of the tight Canadian labour market and high demand for labour.
Average salary increases for non-unionized workers rose to 3.3 per cent in 2022 and will remain above 3.0 per cent in 2023.
Employees in Yukon, Northwest Territories, and Nunavut received the highest average pay increases in 2022, at 4.3 per cent, but will be tied with Ontario for the second lowest pay increases (3.3 per cent) in 2023.
Employees in cooperatives and the private sector will continue to have the highest salary increases in 2023, while those in provincial government departments and agencies and in universities and school boards will continue to have the lowest.
Salary freezes are projected to be more common for most employee groups in the 2023 fiscal year.