加拿大企业劳动生产率在2025年第二季度下降1.0%,此前第一季度修正后下降0.1%,低于0.2%的增长预期。这是自2022年第四季度以来的最大跌幅(-1.1%),因为围绕国际贸易的不确定性导致企业七个季度以来首次减产,而工作时间继续增加,但速度是上一季度的一半。公用事业(-4.0%)、批发贸易(-2.6%)和制造业(-2.1%)出现显著下降,而建筑业小幅下降0.1%。此外,小时工资下降了0.5%,这是自2021年初以来的首次下降,推动单位劳动力成本上涨了0.5%。
Canadian business labor productivity fell 1.0% in Q2 2025, following a revised 0.1% fall in Q1 and missing expectations of 0.2% growth. It was the sharpest drop since Q4 2022 (-1.1%), as uncertainty surrounding international trade led businesses to reduce their output for the first time in seven quarters while hours worked continued to increase but at half the pace of the previous quarter. Notable declines were seen in utilities (-4.0%), wholesale trade (-2.6%), and manufacturing (-2.1%), while construction edged down 0.1%. Also, hourly compensation fell 0.5%, its first decline since early 2021, pushing unit labor costs up 0.5%.