07-21-2020, 09:40 AM
(07-21-2020, 07:42 AM)Spokes Wrote:(07-16-2020, 04:27 PM)ijmorlan Wrote: Inflation has been pretty low over the last few years. The Bank of Canada’s inflation calculator says that $100 in 2015 is $107.25 now, for a 7.25% increase:
https://www.bankofcanada.ca/rates/relate...alculator/
That being said, that means the real increase in wages is under 3% over 5 years, so not very much.
But how does that compare to other industries in the same time period?
You'd want to compare it to other booming/hiring industries (if there are any!).