Saskatchewan’s inflation rate in October was 0.8 per cent — the second time this year that the rate has been below one per cent — following a 1.1-per-cent gain in September, according to Statistics Canada’s consumer price index (CPI) report released Friday…
via Regina Leader-Post http://ift.tt/2g3XxB4
After five months of year-over-year job losses, Saskatchewan’s job creation numbers are back in positive territory. Employment in Saskatchewan increased by 800 in July 2016 over last July, according to numbers released today by Statistics Canada.
“It’s good to see our employment numbers reflecting stability in the labour market, particularly considering the challenges the economy has encountered on account of persistently low global commodity prices,” Immigration, Jobs, Skills and Training Minister Jeremy Harrison said. “Low resource prices will still mean challenges in the months ahead, but Saskatchewan’s economy is diverse and resilient and I think we will continue to see gradual improvement in job creation in our province.”
During the same 12 month period, Manitoba’s economy created 4,400 new jobs while Alberta lost 59,300 jobs.
Saskatchewan’s seasonally adjusted unemployment rate was 6.3 per cent in July, the third lowest among the provinces. Nationally, the unemployment rate was 6.9 per cent.
Other July 2016 highlights include:
- Major year-over-year gains were reported for trade, up 3,700; public administration, up 2,900; and professional, scientific and technical services, up 2,300.
- Off-reserve Aboriginal employment was up 500 (+1.1 per cent). Aboriginal youth employment was up 800 (+9.6 per cent) for three consecutive months of year-over-year increases.
- Youth unemployment rate was 12.3 per cent (seasonally adjusted), second lowest among the provinces, behind British Columbia (9.8 per cent), and below the national rate of 13.3 per cent.
Source: Saskatchewan Economy Creates 800 Jobs Year-Over-Year | News and Media | Government of Saskatchewan
Saskatchewan’s population grew to another all-time high in the first quarter of 2016, according to the latest population figures released today by Statistics Canada.
There were 1,146,655 people living in Saskatchewan as of April 1, 2016 – up 4,085 from January 1 and up 16,118 over the past year. Both the quarterly and annual population gains are the third-highest growth rates among the provinces, behind only Alberta and Manitoba.
Saskatchewan continues to experience a period of sustained population growth not seen in decades. Saskatchewan’s population has now grown in every quarter for 10 consecutive years, growing by more than 155,000 people during that period. That’s the most growth in any 10 year period in 85 years, since the decade 1921 to 1931.
In the previous decade 1996 to 2006, Saskatchewan’s population dropped in 28 of 40 quarters, declining by more than 26,000 people during that period.
“This consistent growth over the past decade represents a new era in our province,” Wall said. “It used to be that any kind of a challenge to our economy would inevitably lead to a drop in population. Not anymore.
“We are now seeing a downturn in our resource sector for the second time in the past 10 years, yet the number of people living in Saskatchewan has continued to grow. That says a lot about the strength and resilience of our diverse economy. It also says that more and more people are discovering that Saskatchewan is a great place to live.”
Via: Government of Saskatchewan