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SASKATCHEWAN EMPLOYMENT HITS RECORD HIGH

Released on August 8, 1997

Economic and Co-operative Development Minister Janice MacKinnon today

announced the number of people working in Saskatchewan has reached an

all-time high. In July 493,800 people were working, compared to

476,900 in July 1996. This is the second month in a row that a record

has been set for the number of people working in Saskatchewan.



"Certainly the hard work by the people of Saskatchewan in restoring

fiscal stability has played a big part," MacKinnon said. "People feel

more confident and optimistic about the future. This is reflected in

our strengthening economy and increase in jobs.



"While the greater sense of security and confidence is a major

consideration, there are, of course, many factors which have led to

the increase in jobs."



The number of people working in July 1997 increased by 2000 over the

previous month, according to Statistics Canada.



Saskatchewan continues to have the lowest unemployment rate in the

country at 6.1 per cent in July, well below the national rate of

9.0 per cent. Saskatoon's unemployment rate of 6.5 per cent is the

lowest of any major city in Canada, Regina is the second lowest with

an unemployment rate of 7.1 per cent."We are extremely pleased with

these latest figures which show more people are working in Saskatchewan

than ever before," MacKinnon said. "The job numbers, however,

fluctuate from month to month and we cannot ensure we will always

lead the country and break our own records."



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For more information, contact:



Debbie Wilkie

Economic and Co-operative Development

Regina

Phone: (306)787-1691

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