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SASKATCHEWAN POSTS JOB RECORD FOR APRIL

Released on May 6, 2005

Saskatchewan's record-setting job growth continues, with the highest April on record for employment in the province.

Statistics Canada figures released today show 476,200 people working in Saskatchewan last month (seasonally unadjusted figure). That beats by 4,300 the old record for April set last year.

April's numbers represent the 13th straight month of record job numbers in Saskatchewan.

"Our job numbers continue to track well, and another record month is a testament to a very strong economy," Industry and Resources Minister Eric Cline said. "Saskatchewan businesses are continuing to create jobs and opportunities for Saskatchewan people."

Full-time jobs in the province were up 7,600 over the previous April.

Cline noted other economic indicators are all positive. Manufacturing shipments, potash production and sales, oil and natural gas production, international exports and retail sales are all up. Building permit values have increased almost 50 per cent from a year ago.

In recent reports, Export Development Canada is predicting that Saskatchewan's export growth will be double the national average this year. Statistics Canada last week noted that Saskatchewan's economy boomed last year with the third highest real GDP growth among the provinces. The agency is also forecasting that Saskatchewan will lead all provinces in investment growth in 2005 at a rate double the national average.

"Saskatchewan's economic momentum is positioning us for even more growth as we move into our province's second century," Cline said. "We have challenges in agriculture, but our diversification into other key sectors is serving us well as we build for the future."

Saskatchewan had the third lowest unemployment rate in Canada in April at 5.5 per cent (seasonally unadjusted), down 0.4 percentage points from April 2004 and below the national rate of 7.0 per cent. Regina had the third lowest unemployment rate among major Canadian cities at 4.7 per cent.

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For More Information, Contact:

Bob Ellis
Industry and Resources
Regina
Phone: (306) 787-1691

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