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| Third quarter 2003 | Fourth quarter 2003 | First quarter 2004 | Second quarter 2004 | Third quarter 2004 | Fourth quarter 2004 | |
|---|---|---|---|---|---|---|
| Seasonally adjusted | ||||||
| % change from previous quarter | ||||||
| Canada | ||||||
| Labour productivity | 0.1 | -0.3 | 0.0 | 0.2 | 0.0 | 0.2 |
| Real GDP | 0.3 | 0.9 | 0.8 | 1.3 | 0.7 | 0.3 |
| Hours worked | 0.2 | 1.1 | 0.8 | 1.1 | 0.8 | 0.1 |
| Hourly compensation | 0.5 | -0.2 | 0.4 | 0.2 | 0.1 | 1.2 |
| Unit labour cost | 0.4 | 0.1 | 0.4 | 0.0 | 0.3 | 1.0 |
| Exchange rate 2 | -1.3 | -4.7 | 0.2 | 3.2 | -3.9 | -6.6 |
| Unit labour cost in US$ | 1.7 | 4.9 | 0.2 | -3.0 | 4.2 | 8.3 |
| United States | ||||||
| Labour productivity | 1.9 | 0.5 | 1.0 | 0.8 | 0.4 | 1.0 |
| Real GDP | 2.2 | 1.0 | 1.3 | 1.0 | 1.1 | 1.0 |
| Hours worked | 0.3 | 0.5 | 0.3 | 0.3 | 0.6 | 0.1 |
| Hourly compensation | 1.3 | 0.9 | 0.7 | 1.3 | 1.4 | 1.1 |
| Unit labour cost | -0.7 | 0.3 | -0.3 | 0.6 | 0.9 | 0.3 |
| % change from same quarter of previous year | ||||||
| Canada | ||||||
| Labour productivity | -0.1 | 0.3 | -0.3 | 0.0 | -0.1 | 0.4 |
| Real GDP | 0.9 | 1.4 | 1.5 | 3.3 | 3.7 | 3.1 |
| Hours worked | 0.9 | 1.1 | 1.7 | 3.2 | 3.8 | 2.8 |
| Hourly compensation | 1.9 | 1.8 | 1.1 | 1.0 | 0.6 | 2.0 |
| Unit labour cost | 2.0 | 1.4 | 1.3 | 0.8 | 0.7 | 1.7 |
| Exchange rate 2 | -11.7 | -16.2 | -12.7 | -2.8 | -5.3 | -7.2 |
| Unit labour cost in US$ | 15.5 | 21.0 | 16.1 | 3.7 | 6.3 | 9.6 |
| United States | ||||||
| Labour productivity | 5.2 | 5.5 | 5.4 | 4.3 | 2.8 | 3.2 |
| Real GDP | 4.5 | 5.3 | 6.1 | 5.6 | 4.4 | 4.5 |
| Hours worked | -0.7 | -0.2 | 0.6 | 1.3 | 1.6 | 1.3 |
| Hourly compensation | 4.5 | 5.2 | 4.5 | 4.3 | 4.4 | 4.6 |
| Unit labour cost | -0.6 | -0.3 | -0.9 | 0.0 | 1.6 | 1.4 |
| % change from previous quarter at annualized rate 3 | ||||||
| Canada | ||||||
| Labour productivity | 0.4 | -1.1 | 0.0 | 0.7 | 0.0 | 0.7 |
| Real GDP | 1.3 | 3.5 | 3.2 | 5.4 | 2.8 | 1.2 |
| Hours worked | 0.7 | 4.4 | 3.2 | 4.6 | 3.2 | 0.3 |
| Hourly compensation | 2.0 | -0.7 | 1.7 | 1.0 | 0.3 | 5.0 |
| Unit labour cost | 1.5 | 0.4 | 1.5 | 0.0 | 1.1 | 4.2 |
| Unit labour cost in US$ | 7.0 | 21.3 | 0.7 | -11.5 | 17.9 | 37.3 |
| United States | ||||||
| Labour productivity | 8.1 | 2.1 | 4.0 | 2.9 | 2.0 | 3.7 |
| Real GDP | 9.3 | 4.2 | 5.3 | 3.9 | 4.5 | 4.2 |
| Hours worked | 1.1 | 2.0 | 1.2 | 0.9 | 2.5 | 0.5 |
| Hourly compensation | 5.2 | 3.7 | 2.9 | 5.3 | 5.8 | 4.5 |
| Unit labour cost | -2.7 | 1.6 | -1.1 | 2.3 | 3.7 | 0.8 |