Released on February 8, 1995
Economic Development Minister Dwain Lingenfelter said today thatrevised job figures released by Statistics Canada show that employment
in Saskatchewan has risen by 7,000 since 1992, considerably more than
previously estimated.
"Statistics Canada revised its estimates of the province's labour
force, employment and unemployment," Lingenfelter said. "The revisions
reflect the move from the 1986 census base to the 1991 census base and
the recent adjustments made by Statistics Canada to the province's
population."
The original data indicated that employment averaged 440,000 for the
last three years.
StatsCan's revised data indicates that employment averaged 450,000
during 1992, rose to 455,000 in 1993, and 457,000 in 1994 with a late
1994 year-over-year surge of 11,000 in November and 15,000 in December.
"This confirms my faith in the capacity and ability of Saskatchewan
entrepreneurs to create jobs by seizing the opportunities being
presented by the improving economy. It also means the Partnership for
Renewal has succeeded in helping to create a climate for private sector
economic growth and that the target of 30,000 new jobs by the year 2000
is achievable."
According to StatsCan's revised estimates, Saskatchewan lost 9,000 jobs
in agriculture and cut 2,000 jobs from public administration in 1994,
but more than made up for those losses with an increase of 13,000 jobs
throughout the rest of the economy.
"What is particularly encouraging is that total youth employment has
been increasing at a steady rate, rising from an average of 74,000 in
1992 to 75,000 in 1993 and 76,000 in 1994.
"We have felt for some time the job creation figures were out of sync
with the evidence of economic diversification and growth we've been
seeing all over the province, nor were they supporting all the other
economic indicators that have been signalling recovery. Finally, this
puts to rest the myth of a jobless recovery in Saskatchewan."
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For more information, contact:
Peter Phillips
Economic Development
Regina
Telephone: 787-1672