Earnings growth for workers in Saskatchewan outpaces inflation
Good news for workers in
Saskatchewan as Statistics Canada releases data that shows Saskatchewan's average weekly earnings for June 2010 increased 4.6 per cent compared to June of last year. Inflation, however, only increased 0.3 per cent over the same period. This means workers in Saskatchewan have much greater spending power than they did just one year ago, and also indicates a strong economy in Saskatchewan.
This proves Saskatchewan’s economic strength is providing direct benefits to workers in Saskatchewan. On average, Saskatchewan workers find themselves in a better financial position than they were last year.
Presently, Saskatchewan's average weekly earnings of $838.90 are the fourth highest in Canada, behind only Alberta ($1003.53), Ontario ($878.76), and Newfoundland and Labrador ($844.67).
Economic indicators show that Saskatchewan is in a strong position because both population and employment levels are at a record high, while the unemployment rate is the lowest rate in Canada.
According to the provincial government of Saskatchewan, there are currently more than 6,900 jobs available in the province.
The federal government just increased the number of Permanent Resident (Canadian Immigration) visas available for issuance in 2010 under the
Saskatchewan Immigrant Nomination Program (SINP) from 3,700 to 4,000. There are eight categories open under the SINP: Skilled Workers, Family Members, Health Professions, Entrepreneurs, Farm Owner/Operators, Students, Long Haul Truck Driver, and Hospitality Sector Pilot Project. Applicants need not meet the eligibility requirements of federal immigration classes to qualify for a Permanent Resident (Canadian Immigration) visa under the SINP.
Saskatchewan could be considered Canada’s “rising new star” and is a good place in Canada to live and work because of growth in key sectors of the economy.