Chart 1
Hours worked in Canadian businesses decline even more sharply than real output

quarterly % change -25 -20 -15 -10 -5 0 5 10 15 I II 2016 III IV I II 2017 III IV I II 2018 III IV I II 2019 III IV I II 2020 Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
Source(s):

Chart description


This is a combined line chart.

Hours worked in Canadian businesses decline even more sharply than real output, quarterly % change
  Real gross domestic product Labour productivity Hours worked
First quarter 2016 0.4 0.2 0.2
Second quarter 2016 -1.0 -0.5 -0.5
Third quarter 2016 1.3 1.4 -0.1
Fourth quarter 2016 0.7 0.1 0.5
First quarter 2017 1.4 1.4 0.0
Second quarter 2017 1.4 0.4 1.0
Third quarter 2017 0.2 -0.6 0.8
Fourth quarter 2017 0.4 0.3 0.2
First quarter 2018 0.5 -0.5 1.0
Second quarter 2018 0.2 0.4 -0.2
Third quarter 2018 0.6 0.3 0.3
Fourth quarter 2018 0.2 -0.2 0.4
First quarter 2019 0.2 0.4 -0.2
Second quarter 2019 0.9 -0.2 1.1
Third quarter 2019 0.2 0.1 0.1
Fourth quarter 2019 0.0 0.1 0.0
First quarter 2020 -2.8 4.5 -7.0
Second quarter 2020 -14.5 9.8 -22.1
Source(s):
Date modified: