Quarter 2 report shows widespread confidence in the region's economy

摘要

Saskatoon's economy continued its strong pace in the second quarter of 2008, with business investment and consumer confidence remaining steady. Highlights of SREDA's quarterly report included a relatively constant rise in employment numbers, building permits and construction starts. Housing starts also continued to exceed expectations set early in the year. The strength of the Saskatoon and Saskatchewan economy is shown by the fact that there have never been more people working in the city and province than in June of 2008. Employment numbers increased in the second quarter of the year, but not as significantly as in previous years, partially due to a tight labour market. As seasonal jobs are filled, an increase in full-time positions (+2.7 percent ) is offset by decreases in part-time positions (often not job losses, rather increases in hours).