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Job numbers improve. (Economic Indicators).


Employment

* Seasonally adjusted Seasonally adjusted

Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year.
 employment in Saskatchewan increased to 470,400 in January 2002 from 466,200 in December 2001. This was an increase of 4,200 or 0.9 per cent -- the second highest percentage increase, tied with New Brunswick New Brunswick, province, Canada
New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada.
.

* Employment increases in January took place in manufacturing (300), construction (2,200), services (200) and public administration (500).

* Saskatchewan was one of seven provinces to show an employment increase on a seasonally adjusted basis between January 2002 and December 2001. Manitoba had an increase of 0.1 per cent and Alberta, 0.7 per cent.

Forecasts

* The Conference Board of Canada's Winter 2001 Provincial Outlook forecasts anticipated GDP GDP (guanosine diphosphate): see guanine.  growth for Saskatchewan in 2002 at 1.6 per cent and 3.2 per cent for 2003.

* According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Statistics Canada's research, private and public capital expenditures were projected to be $6.13 billion in 2001, making this the fifth consecutive year in which new capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
 will exceed the $6-billion mark.

* According to the December 2001 Potash potash: see potassium carbonate.
potash

Name used for various inorganic compounds of potassium, chiefly the carbonate (K2CO3), a white crystalline material formerly obtained from wood ashes.
 Report from Saskatchewan Energy and Mines, total potash sales in 2002 are forecast to increase by 4 per cent on the strength of both higher offshore and domestic sales.

Retail Sales

* In November 2001, Saskatchewan's department store sales totalled $68.0 million, an increase of 3.2 per cent, compared to November 2000.

* In the first 11 months of 2001, department store sales totalled $587.1 million, an increase of 8.6 per cent, compared to the same period of 2000.

* Recreational and motor vehicle sales had the largest year-to-date Year-to-date (YTD)

The period beginning at the start of the calendar year up to the current date.
 (January to October 2001) increase at $77.5 million, followed by general merchandise sales at $32.8 million and supermarket sales at $25.8 million, compared to the same time period in 2000.

* New motor vehicle sales in Saskatchewan increased in November 2001 by 24.1 per cent to 3,396 units, compared to November 2000. The sales of passenger cars increased by 24 per cent, while commercial vehicle sales increased by 24.1 per cent.

Other Statistics

* The value of building permits issued in Saskatchewan totalled $72.3 million in November 2001, an increase of 187 per cent, compared to the previous year. Year-to-date statistics from January to November 2001 indicated that the value of building permits issued totalled $677.1 million, an increase of 15.8 per cent, compared to the same period in 2000.

* Saskatchewan's oil production in September 2001 increased by 2.8 per cent to almost 2.1 billion cubic metres Noun 1. cubic metre - a metric unit of volume or capacity equal to 1000 liters
cubic meter, kiloliter, kilolitre

metric capacity unit - a capacity unit defined in metric terms
, compared to September 2000. Year-to-date (January to September 2001) production of oil increased by 2.4 per cent to 18.4 billion cubic metres.

* On a year-to-date (January to October 2001) basis, Saskatchewan's production of other minerals (coal, uranium uranium (yrā`nēəm), radioactive metallic chemical element; symbol U; at. no. 92; at. wt. 238.0289; m.p. 1,132°C;; b.p. 3,818°C;; sp. gr. 19. , gold, etc.) was 9.4 billion kilograms, an increase of 3.6 per cent, compared to the same period last year.
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Title Annotation:Saskatchewan
Publication:SaskBusiness
Article Type:Brief Article
Geographic Code:1CSAS
Date:Mar 1, 2002
Words:472
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