Saskatchewan Sees Highest Average Weekly Earnings in Province’s History
Highest Average Weekly Earnings in Province’s History
Released on February 23, 2017
According to Statistics Canada numbers released today, Saskatchewan workers enjoyed the highest month-over-month percentage growth in average weekly earnings among the provinces in December 2016, up 2.2 per cent (seasonally adjusted) from the previous month to $1,010.37.
The national month-over-month increase was 1.0 per cent (seasonally adjusted).
For the first time in the province’s history, the average weekly earnings were above $1,000—and remain the third highest among the provinces.
“Saskatchewan people are taking home more money at the end of the week, and this is a reflection on our economy and the opportunities in our province,” Economy Minister Jeremy Harrison said. “The increased earnings show our wages are very competitive, and this remains an attraction for skilled workers to our province.”
With inflation factored in, Saskatchewan’s real wage increased by 1.2 per cent year-over-year while the national real wage declined by 0.3 per cent.
The province’s real wage ranked third highest among provinces in Canada.
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