New figures released by the Federal Government show Saskatchewan with the highest wage growth in recent months among all of the provinces. Rob Clark, the CEO of the Moose Jaw Chamber of Commerce, explained where the majority of the increase is coming from.
"Just looking in a couple of sectors, like on the mining, oil, and gas, I mean mining is very prevalent around us, and health care is a big part of it, and that seems to be where the biggest growth is coming from, but it's still very encouraging, you know. We're well over, almost 2.5 points over the national average, so I'm very encouraged there, and I mean, that will do nothing but help our provincial economy, and our local economy will be following that very closely."
Gas, mining and oil are up by 24.%, healthcare and social assistance up by 14.3%, and arts, entertainment and recreation are up by 6.1%. Clark went on to explain the provincial average.
"Saskatchewan has increased up to 5.8% year-over-year, and the national average is at 3.4%, that's what I was saying, we're like 2.4% higher than that, which has got to be very encouraging for the province."
Clark explained his opinion on how he believes this will impact the province in the future.
"The growth is in the mining, oil and gas, so that's actually a good sign, you know, the healthcare. So anyway, those are all good signs, and if they're all moving forward, again another positive move for the province, and then that's all gonna trickle down to each of the municipalities. Anyway, whatever it is, it's gonna be a benefit, hopefully long term."
The average weekly earnings in Saskatchewan in May were $1,070.11, the second-highest in Canada.