Saskatchewan’s real wage increase the highest among provinces

SECOND HIGHEST WEEKLY EARNINGS GROWTH AMONG CANADA’S PROVINCES

Released on May 25, 2017

On a year-over-year basis, Saskatchewan’s average weekly earnings saw a 2.6 per cent increase in March 2017 (seasonally adjusted), the second highest among Canada’s provinces, according to new figures released by Statistics Canada today.

The province’s average weekly earnings grew by 1.1 per cent, compared to the previous month, above the national increase of 0.2 per cent and also the second highest increase among the provinces.

“Saskatchewan’s strong and resilient economy is producing increased wages in the province,” Economy Minister Jeremy Harrison said.  “This is in contrast to Alberta where weekly earnings actually declined by 0.8 per cent year-over-year.”

Average weekly earnings were $1,008.48 in Saskatchewan, the third highest among provinces, an increase of $25.45 from March 2016.  With inflation factored in, Saskatchewan’s real wage increased by 2.0 per cent year-over-year, reflecting the highest growth in real wages among Canada’s provinces.

Nationally, the real wage (with inflation factored in) declined by 0.7 per cent.

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For more information, contact:

Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on May 26, 2017, in economic impact, miscellaneous, political. Bookmark the permalink. Leave a comment.

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