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Record job growth reported

There were more people working in Saskatchewan in the month of July than ever before, according to the latest Labour Force Survey released by Statistics Canada.

There were more people working in Saskatchewan in the month of July than ever before, according to the latest Labour Force Survey released by Statistics Canada.

A total of 542,600 people were employed in July - an increase of 10,000 jobs compared with last July, setting a new all-time high for the month. This is on trend with the province's year-over-year employment numbers, which have reached record monthly highs for eight consecutive months.

The province also reached an all-time high for full-time employment in July, with the number of people working in full-time positions increasing by 9,600 to 462,100. This was a jump of 2.1 per cent over July 2011.

Saskatchewan's unemployment rate was the second lowest in the country at 5 per cent.

"These numbers are positive news for the province and an indicator of steady economic growth," Advanced Education Minister Don Morgan said on behalf of Economy Minister Bill Boyd.

Other highlights of the survey included:

• Saskatchewan's growth rate was up 1.9 per cent, the third highest among the provinces behind Alberta and Prince Edward Island;

• seasonally adjusted employment in the province increased 0.1 per cent in July from the previous month. This was the fifth highest growth rate in the country; and

• Regina's year-over-year employment was up by 1.4 per cent to 1,700. 

Saskatoon's year-over-year employment was up 4.8 per cent to 6,800.


from Western Investor October 2012