Almost all price elasticities are negative: an increase in price leads to lower demand, and vice versa. Air travel, especially for vacation, tends to be highly elastic: a 10% increase in the price of air travel leads to an even greater (more than 10%) decrease in the amount of air travel.he U.S. average retail price per gallon of regular motor gasoline has fallen 28% from its 2014 peak of $3.70 per gallon on June 23, to $2.68 per gallon on December 8.
In Canada, wages are benchmarked using average hourly earnings. This page provides-Canada Average Hourly Wages-actual values, historical data, forecast, chart, statistics, economic calendar and news.Content for-Canada Average Hourly Wages-was last refreshed on Thursday, October 15, 2015.ages in Canada averaged 17.99 CAD/Hour from 1991 until 2015, reaching an all time high of 23.81 CAD/Hour in December of 2014 and a record low of 13.73 CAD/Hour in January of 1991. 1Y 5Y 10Y MAX.
According to official statistics on working hours in Canada, employed Canadians worked an average of 36.6 hours per week in 2012, with significant variation depending on age, gender and location. For example, in Quebec the average working hours were 35.4 hours, compared to 39 hours in Alberta â a clear reminder that even within the same country, working hours can vary a lot. Data released last year showed average working hours in the US to be around 1,700 hours per year.