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Average weekly salary nears $900

Saskatchewan's economy continues to lead the country, with a new report showing average weekly earnings in the province jumping 5.4 per cent in May when compared with May 2011.

Saskatchewan's economy continues to lead the country, with a new report showing average weekly earnings in the province jumping 5.4 per cent in May when compared with May 2011.

The increase tied with Newfoundland and Labrador for the highest among the provinces and well ahead of the 2.5 per cent increase on a national basis.

"As wages rise the benefit not only extends to Saskatchewan workers, but to our overall economic growth," said Economy Minister Bill Boyd.

"The record retail sales numbers released earlier this week demonstrates the power that more disposable income will have with an end result - a growing and prosperous economy."

Average weekly earnings for May 2012 totalled $897.80, the fourth highest in the nation. Saskatchewan has had average weekly earnings above the national average every month since August 2011.


from Western Investor October 2012