Saskatchewan is thriving among the country's provinces as the most recent Statistics Canada report shows the province's job growth and unemployment rate are doing well.
The latest labour force numbers show 22,900 new jobs were added to Saskatchewan year-over-year in the month of July, coming in at second among provinces in terms of percentage change at 3.9 per cent. That change represents the largest number of jobs added year-over-year since July 2022.
Saskatchewan also has the lowest unemployment rate among provinces at 5.4 per cent, seasonally adjusted, well below the national average of 6.4 per cent.
"Saskatchewan's lowest in the nation unemployment rate and record job growth continues to demonstrate the strength of our provincial economy " Immigration and Career Training Minister Jeremy Harrison said. "Our government will continue working alongside our job creators and making targeted investments to ensure we are filling the thousands of jobs being created across the province."
Month-to-month labour force growth also saw Saskatchewan in the lead with seasonally adjusted employment rising by 6,700 from June 2024, ranking first among provinces by percentage change at 1.1 per cent. Saskatchewan was the lone western province to see employment growth as only one other province in the country added jobs.
July 2024 saw all-time historical highs for Saskatchewan's labour force, reaching 652,800 workers. Full-time employment made up the majority at 514,700.
Off-reserve Indigenous employment was also up by 2,400, an increase of 3.7 per cent with another rise in Indigenous youth employment by 500, an increase of 4.3 per cent compared to July 2023.
Full-time employment as a whole increased by 16,600, an increase of 3.3 per cent, with part-time employment seeing an increase of 6,300, or 6.7 per cent.
"These remarkable job numbers translate into opportunity and prosperity for people here in Saskatchewan and a bright future for our young people," said Harrison. "As government we have worked very hard with our job creators and entrepreneurs to create the conditions for economic growth and success. And it's worked. The population has grown by nearly 250,000 people since 2007 and 100,000 new jobs have been created. People can build their lives, their businesses, and raise their families right here in Saskatchewan with confidence about their future."