AI Analysis: Fixed weighted index of average hourly earnings for all employees, by industry, monthly

Executive Summary

Statistics Canada's Table 14100213 tracks the Fixed Weighted Index of Average Hourly Earnings across 28 NAICS industries and 14 geographic regions from January 2001 to January 2026, encompassing 117,992 records with a 2002 base year (2002=100). The data reveals broad-based, sustained wage growth across virtually all Canadian industries over 25 years, with the mean index reaching 140.9 — approximately 40% above the 2002 baseline. Industry-level correlations are exceptionally high (average r=0.945), confirming that economy-wide forces drive wage growth more than sector-specific factors.

Key Findings

• The dataset spans 25 years of monthly data (January 2001 to January 2026), containing 117,992 records across 392 unique data series representing combinations of 14 geographic regions and 28 NAICS industry classifications.
• The average hourly earnings index has a mean of 140.9 and median of 136.9 (base year 2002=100), indicating roughly 40% wage growth above the 2002 baseline, with the interquartile range falling between 114.5 and 162.2.
• All six key industries analyzed — including Construction, Health Care, Manufacturing, and All Industries — show a consistent upward earnings trend over the full 25-year period, with Construction and Health Care exhibiting stronger index growth than the overall industrial aggregate.
• Industry wage trends are almost universally synchronized, with an average pairwise correlation of 0.945 across 27 industries; the strongest correlations (r=1.000) exist between near-identical category pairs such as Education Special and Educational Services.
• The weakest correlations involve Forestry and Logging, which shows its lowest relationship with Management of Companies (r=0.759) and Utilities (r=0.795), though even these remain strongly positive.
• Only 7 data points were flagged as statistical outliers (z-score > 2.5) across the entire 25-year dataset, suggesting the earnings index has grown steadily without major disruptions in most sectors.
• Index values range from 0.0 to a maximum of 2,767.7, with a standard deviation of 33.8, indicating that while the core distribution is fairly symmetric, a small number of industry-period combinations have experienced exceptionally rapid wage growth relative to the 2002 baseline.