Gov’t: Record wages in June good news for Sask. workers
Average weekly earnings in June were $952.63, the second highest in the nation and the highest ever for the month of June, according to a report released by Statistics Canada today. Nationally, average weekly earnings were $918.67.
Wages were up 4.2 per cent on a year-over-year basis in the province, the highest increase in the nation and well ahead of the 2.6 per cent recorded nationally. Even after inflation is factored in, Saskatchewan had a real wage increase of 2.5 per cent , again the highest increase among the provinces.
“Today’s news about record weekly earnings for June comes at a time when job opportunities are plentiful and the economy is growing,” Economy Minister Bill Boyd said. “With wages outpacing inflation, Saskatchewan will continue to be an attractive destination for job seekers from across the nation.”
Gains were also posted on a month-over-month basis in Saskatchewan, up 1.4 per cent over the previous month, the highest increase among the provinces and well ahead of the 0.2 per cent increase in national earnings.
Wages increased in a number of industries on a year-over-year basis including other services such as repair and maintenance up 18.2 per cent; administration and support, waste management and remediation up 12.7 per cent; transportation and warehousing up 10.4 per cent; mining, and oil and gas up 9.0 per cent.
“Saskatchewan families continue to earn more, contributing to our thriving economy,” Boyd said. “Workers in our province are enjoying more financial security, which is just another reason Saskatchewan is the best place to work, live and raise a family.”
via SW Sask News – Prairie Post – Prairie Post http://www.prairiepost.com/news/sw-sask/item/4768-gov-t-record-wages-in-june-good-news-for-sask-workers.html