Saturday, November 05, 2005

Saskatchewan falling further behind

The latest job numbers from Statististics Canada say a lot about Saskatchewan. We don't to read too much into these numbers, they are just a snapshot, but we definitely should take note. We sit next to the hottest economy on the planet and we're blessed with unimaginable natural wealth. Yet, it appears we are the ONLY province standing still this year.

Saskatchewan's oil boom and red-hot consumer economy failed to prop up October's job numbers, with the province shedding 6,200 positions last month, according to Statistics Canada.

The drop from 485,700 jobs in October 2004 to 479,500 jobs last month perplexed statisticians and government officials, who were at a loss to explain why employment fell for the second consecutive month when the provincial economy is strong.

"We've got high oil prices, an enthusiastic crop, enthusiastic consumers, centennial celebrations. We should be doing better than this," said Doug Elliott, publisher of statistical newsletter Sask Trends Monitor. "All of the normal things that go wrong in the Saskatchewan economy are not there and yet we're still losing jobs."

8 comments:

Anonymous said...

Very sad. But as the NDP philosopher Lautermilch once said, this leaves more for the rest of us.

Shawn said...

Yeah, you have to love that "who's taking my piece of the pie" attitude. So many absurdities of thought in one small phrase.

Anonymous said...

On the bright side, Calvert has been doing a good job of encouraging Saskatchewan's skilled workers to enter the eonomies of Alberta and Manitoba and BC. Also, note that the number of gubmnt workers is increasing in Saskatchewan, and this is probably good news for someone.

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John Murney said...

Oh well, the chickens had to come home to roost sometime, I guess.

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