{"id":427958,"date":"2026-03-04T20:40:26","date_gmt":"2026-03-04T13:40:26","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/canada-labor-productivity-rate-for-q4-0-1-vs-0-1-estimate\/"},"modified":"2026-03-04T20:40:26","modified_gmt":"2026-03-04T13:40:26","slug":"canada-labor-productivity-rate-for-q4-0-1-vs-0-1-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/canada-labor-productivity-rate-for-q4-0-1-vs-0-1-estimate-427958\/","title":{"rendered":"Canada Labor Productivity rate for Q4 -0.1% vs -0.1% estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Prior quarter 0.9% revised to 1.1%<\/li>\n<li>Labor productivity rate for Q4 -0.1% vs -0.1% estimate<\/li>\n<\/ul>\n<p>Details of the report: <\/p>\n<ul data-start=\"0\" data-end=\"312\">\n<li data-start=\"0\" data-end=\"129\">\n<p data-start=\"2\" data-end=\"129\">Canadian business labour productivity fell -0.1% in Q4, as real GDP declined -0.2% while hours worked fell -0.1%.<\/p>\n<\/li>\n<li data-start=\"130\" data-end=\"229\">\n<p data-start=\"132\" data-end=\"229\">This follows a +1.1% productivity gain in Q3, when output rose while hours worked declined.<\/p>\n<\/li>\n<li data-start=\"230\" data-end=\"312\">\n<p data-start=\"232\" data-end=\"312\">The Q4 drop marks the second productivity decline in the last nine quarters.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"314\" data-end=\"334\">Sector breakdown<\/p>\n<ul data-start=\"336\" data-end=\"697\">\n<li data-start=\"336\" data-end=\"427\">\n<p data-start=\"338\" data-end=\"427\">Goods-producing sector productivity fell -0.9% in Q4, after rising +1.8% in Q3.<\/p>\n<\/li>\n<li data-start=\"428\" data-end=\"525\">\n<p data-start=\"430\" data-end=\"525\">Services sector productivity rose +0.4%, following +0.6% growth in the prior quarter.<\/p>\n<\/li>\n<li data-start=\"526\" data-end=\"615\">\n<p data-start=\"528\" data-end=\"615\">Manufacturing and construction were the main drivers of the productivity decline.<\/p>\n<\/li>\n<li data-start=\"616\" data-end=\"697\">\n<p data-start=\"618\" data-end=\"697\">Information and cultural industries led productivity gains within services.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"699\" data-end=\"715\">Hours worked<\/p>\n<ul data-start=\"717\" data-end=\"1198\">\n<li data-start=\"717\" data-end=\"818\">\n<p data-start=\"719\" data-end=\"818\">Total hours worked in the business sector declined -0.1% in Q4, after a -0.2% drop in Q3.<\/p>\n<\/li>\n<li data-start=\"819\" data-end=\"905\">\n<p data-start=\"821\" data-end=\"905\">The Q3 decline was the first drop in hours worked since Q2 2020 (COVID onset).<\/p>\n<\/li>\n<li data-start=\"906\" data-end=\"1005\">\n<p data-start=\"908\" data-end=\"1005\">Hours worked in goods-producing industries rose +0.2%, though manufacturing fell -0.4%.<\/p>\n<\/li>\n<li data-start=\"1006\" data-end=\"1095\">\n<p data-start=\"1008\" data-end=\"1095\">Services-sector hours worked fell -0.2%, with declines in 8 of 11 industries.<\/p>\n<\/li>\n<li data-start=\"1096\" data-end=\"1198\">\n<p data-start=\"1098\" data-end=\"1198\">Administrative\/support, waste management, and remediation services saw the largest drop (-2.4%).<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1200\" data-end=\"1209\">Costs<\/p>\n<ul data-start=\"1211\" data-end=\"1435\">\n<li data-start=\"1211\" data-end=\"1256\">\n<p data-start=\"1213\" data-end=\"1256\">Hourly compensation rose +0.5% in Q4.<\/p>\n<\/li>\n<li data-start=\"1257\" data-end=\"1347\">\n<p data-start=\"1259\" data-end=\"1347\">Unit labour costs increased +0.7%, the fastest quarterly growth since Q1 2024.<\/p>\n<\/li>\n<li data-start=\"1348\" data-end=\"1435\">\n<p data-start=\"1350\" data-end=\"1435\">Unit labour costs measure the labour cost required to produce one unit of output.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1437\" data-end=\"1455\">Full-year 2025<\/p>\n<ul data-start=\"1457\" data-end=\"1906\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-start=\"1457\" data-end=\"1571\">\n<p data-start=\"1459\" data-end=\"1571\">Labour productivity rose +1.1% in 2025, the second consecutive annual increase after three weak years.<\/p>\n<\/li>\n<li data-start=\"1572\" data-end=\"1649\">\n<p data-start=\"1574\" data-end=\"1649\">Business GDP grew +1.9% in 2025, similar to +1.8% growth in 2024.<\/p>\n<\/li>\n<li data-start=\"1650\" data-end=\"1765\">\n<p data-start=\"1652\" data-end=\"1765\">Growth in hours worked slowed to +0.8% in 2025, down from +1.1% in 2024, supporting productivity gains.<\/p>\n<\/li>\n<li data-start=\"1766\" data-end=\"1818\">\n<p data-start=\"1768\" data-end=\"1818\">Hourly compensation increased +2.3% in 2025.<\/p>\n<\/li>\n<li data-start=\"1819\" data-end=\"1906\" data-is-last-node=\"\">\n<p data-start=\"1821\" data-end=\"1906\" data-is-last-node=\"\">Unit labour costs rose +1.2% in 2025, the slowest annual increase since 2017<\/p>\n<\/li>\n<\/ul>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior quarter 0.9% revised to 1.1% Labor productivity rate for Q4 -0.1% vs -0.1% estimate Details of the report: Canadian business labour productivity fell -0.1% in Q4, as real GDP declined -0.2%&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-427958","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/427958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=427958"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/427958\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=427958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=427958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=427958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}