61% of Canadians now earn less than the average wage

A new report from CIBC economist Benjamin Tal finds that the quality of employment has fallen over the past 10 years, with an increasing number of low-paying jobs.

Youth and Canadians over 55 are trapped in service and retail jobs that pay less than the average wage. Even among workers 25 to 54, 53% have jobs that pay less than the average Canadian wage.

Jobs created since 2003 are more likely to be low paying.

During the 2008-09 recession the number of part-time jobs rose to 20% of all jobs. Since then the percentage of part-time jobs has only dropped by 1%.

Only 15% of workers 15 to 24 are employed. This is down from 25% in 1980.

Those most likely to do part-time work are over 55, with more than 60% of older workers in part-time jobs.

Most of those in the middle of the wage range are seeing less than average growth over the past ten years and the wage gap is growing.


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