Econowatch

Econowatch

Economists Stephen Gordon (ULaval), Mike Moffatt (Western) and Kevin Milligan (UBC), as well as Macleans.ca’s Erica Alini and guest bloggers write about the economy and economic policy in Canada, the U.S. and the world. We like charts. On Twitter, follow Stephen: @stephenfgordon; Mike: @mikepmoffatt; Kevin: @kevinmilligan and Erica: @ealini.

The economy in February: by the numbers

by Econowatch on Wednesday, February 13, 2013 2:44pm - 0 Comments

(Jonathan Hayward/CP)

$27.36:

The average hourly wage for union workers in Canada, versus $22.25 for non- unionized employees, says a new report.

30 cents:

The amount gas prices have jumped in the last month in the U.S., put- ting a crimp in consumer spending.

1,200:

The number of flights cancelled so far by All Nippon Airways due to the grounding of Boeing’s new 787 Dreamliner over battery troubles.

$612 million:

The record fine the Royal Bank of Scotland agreed to pay last week for its role in the LIBOR rate-fixing scandal.

$2 billion:

The savings the U.S. Postal Ser- vice expects each year from stop ping Saturday delivery. Its losses last year: $16 billion.

$16.4 trillion:

The U.S. debt, which rose on the first day the legal debt ceiling limit was suspended.

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