Released on April 9, 2009
Saskatchewan continues to have the lowest unemployment rate and the strongest year-over-year job growth in Canada, but the global recession is beginning to have an impact on employment in this province.
According to the latest employment report released today by Statistics Canada, there were 511,000 people working in Saskatchewan in March. That's an increase of 10,900 compared to March 2008, but a decrease of 3,300 since February of this year.
Every other province in Canada except Nova Scotia has seen the number of people working decline over the past year. In total, Canada lost 306,400 jobs over the past year.
Saskatchewan's unemployment rate is now 5.2 per cent - the lowest in Canada. Regina has an unemployment rate of 4.0 per cent - the lowest among major Canadian cities - while Saskatoon is tied with Winnipeg and Ottawa for third-lowest at 5.1 per cent.
"The good news is - there are a lot more people working in Saskatchewan than there were at this time a year ago, and Saskatchewan's economy continues to weather the economic storm much better than every other province in Canada," Premier Brad Wall said.
"However, I have always said that Saskatchewan is not immune from the global economic downturn and there have definitely been some job losses in recent weeks," Wall said. "That's why our government moved quickly to provide an ‘economic booster shot' by speeding up spending on construction projects. This should start to have a positive impact in the next few weeks as construction season swings into high gear."
There are 2,600 more aboriginal persons working in Saskatchewan in the part year, an increase of 7.9 per cent, and 8,900 more women working in the province, an increase of 3.8 per cent.
Wall said there are still many Saskatchewan employers looking for new workers.
"This morning, there were nearly 6,500 job openings posted on the Saskjobs.ca website," Wall said. "Saskatchewan is still the best place to be in Canada if you're looking for work."
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For more information, contact:
Kathy Young
Executive Council
Regina
Phone: 306-787-0425
Email: kathy.young@gov.sk.ca
Cell: 306-526-8927