Average weekly earnings indicate the income available from employment. Differences between industry sectors can arise from differences in the complexity of work and the number of hours worked. Higher average weekly earnings on average indicate better-quality jobs requiring more complex skills. With respect to labour productivity, average weekly earnings provide an indicator of the cost of doing business.
The average weekly earnings in Winnipeg in 2012 were $790 for all industries, an increase of 2.9 per cent on average annually from 2007. This rate was slightly below the national rate of 3.1 per cent. In comparison to other major metropolitan areas across Canada, Winnipeg’s rate of increase ranked eighth.
In each of Winnipeg’s 10 key industry sectors, the real average weekly earnings increased over the five-year period. The energy and environment, aerospace and financial services sectors posted the highest earnings at $1,208, $971 and $902 respectively. The changes in the average wage structure showed evidence of a shifting mix of higher and lower value-added jobs within an industry. This was apparent in the energy and environment and ICT sectors, which increased by six per cent on average per year.
Winnipeg’s Average Weekly Earnings by Industry Sectors (2007 to 2012)