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CATALOG No.72003 CA MONTHLYCANADA\'UO tine FIA/MANORS AND HOURLY EARNINGS JANUARY 1971DOMINION BUREAU OF Statistics Ilittittitelits oil this, ltootititojit iii.lot used fret lout I HIS should lie
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Start by gathering information about the hours worked and the earnings for a specific period.
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Calculate the total earnings by summing up the earnings for the period.
03
Calculate the total hours worked for the period.
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Divide the total earnings by the total hours worked to obtain the average hourly earnings.

Who needs average hourly earnings for?

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Average hourly earnings is a measure used to represent the typical income earned by employees in an hour of work across various industries and occupations.
Employers are required to file average hourly earnings for their employees to comply with labor regulations and provide data for economic analysis.
To fill out average hourly earnings, employers need to collect payroll data and calculate the average earnings based on the total wages divided by total hours worked for each employee.
The purpose of average hourly earnings is to provide insights into wage trends, help in economic forecasting, and assist in policy-making regarding labor laws.
The information that must be reported includes total wages, total hours worked, number of employees, and any variations in pay due to overtime or bonuses.
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