tag:blogger.com,1999:blog-9311998.post955000094420524907..comments2024-03-27T07:47:11.168-07:00Comments on LA REVUE GAUCHE - Left Comment: $63.90 Per HourEUGENE PLAWIUKhttp://www.blogger.com/profile/11736971647879996375noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9311998.post-19276409446636167792007-07-31T10:27:00.000-07:002007-07-31T10:27:00.000-07:00A unionized or CLAC construction worker is billed ...A unionized or CLAC construction worker is billed out at 60-70 bucks an hour. paying them 35/hr, plus 10% vacation pay, benefits and pension, the margin is closer to 15% markup on their labour. <BR/><BR/>These are net gains from provincial migrants, and it does not follow that the $122,000 figure can be extrapolated across the entire population. People move west for already high-paying jobs. <BR/><BR/>There's a pretty decent report from TD Economics that shows the effect of high-wage industries such as oil and gas on the wage growth in services, transportation and warehousing. Wage growth hasn't been too robust at the top of the food chain; rather, wage gains are accruing to people in service industries, as those $700 signing bonuses at 7-11 suggest.<BR/><BR/><BR/><A HREF="http://www.td.com/economics/special/sc1006_alta.jsp" REL="nofollow">LINK</A><BR/><BR/><I>"The relatively high wages in the rainmaker industries and their insatiable appetite for workers has literally “sucked” up all the slack in the labour force and begun to draw workers away from other sectors – which on average are lower-paying. As a result, the non-rainmaker industries have had to drastically boost wages to retain workers or else shut down or curb production. Going forward, assuming there continues to be no significant slack in Alberta’s labour force and corporate profits and hiring remains strong in the rainmaker sector, we should see a continued narrowing of wages between the rainmakers and the other areas. Indeed, the strength in the Albertan labour market is a tide that lifts all boats.</I>AWGBhttps://www.blogger.com/profile/16639336770467631285noreply@blogger.com