Stats Canada indicates Sask. workers enjoyed increase in wages in November
Saskatchewan workers had more money in their pockets during the month of November, according to the latest numbers released today by Statistics Canada.
The report indicates Saskatchewan workers had a 3.7 per cent increase in wages in November of 2012 when compared with November 2011, the third highest percentage increase among the provinces.
“The Saskatchewan economy continues to make strides, and more importantly, Saskatchewan people are seeing the real benefits of positive economic growth,” Economy Minister Bill Boyd said. “The rise in weekly earnings is significant as it helps to attract more people to our province who are looking for career opportunities.”
Average weekly earnings in November 2012 were $930.97, an increase of $33.28 from a year ago; the second highest in western Canada and above the national figure of $910.77. Occupied payroll jobs were up 1.9 per cent (8,805) on a year-over-year basis, the third highest percentage increase in the nation.
“This is an important measure of economic progress,” Boyd said. “Today’s report provides good news for working people – higher wages – and more security as the number of payroll jobs continue to increase.”
Boyd said the economic prospects for 2013 are bright as Saskatchewan is expected to have one of the fastest growing economies in Canada.
via SW Sask News – Prairie Post – Prairie Post http://www.prairiepost.com/news/sw-sask/item/3619-stats-canada-indicates-sask-workers-enjoyed-increase-in-wages-in-november.html