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Canada

Canada Working time to buy Stats

Definitions

  • A car: Hours worked by average worker to buy a car. Indicative of the purchasing power of the currency of the country.
  • Beef: Number of minutes worked by average worker to buy one kilo of beef. The comparison of income levels only becomes meaningful if the cost of buying the necessities and luxuries of life is also considered.
  • Bread: Number of minutes worked by average worker to buy bread.
  • Chicken: Number of minutes worked by average worker to buy one kilo of chicken. The comparison of income levels only becomes meaningful if the cost of buying the necessities and luxuries of life is also considered.
  • Milk: Number of minutes worked by average worker to buy 1 litre of milk.
STAT AMOUNT DATE RANK
A car 1,552 hours 2002 5th out of 16
Beef 48 minutes 2002 12th out of 16
Bread 7 minutes 2002 12th out of 16
Chicken 16 minutes 2002 12th out of 16
Milk 5 minutes 2002 6th out of 16

SOURCES: International Metalworkers' Federation, The Purchasing Power of Working Time 2002: An International Comparison of Average Net Hourly Earnings 2001 (International Metalworkers' Federation, Geneva, 2002)

Citation

"Canada Working time to buy Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Canada/Labor/Working-time-to-buy