Released on June 5, 2015
The number of people working in Saskatchewan hit an all-time high in May, beating the previous record set in June of last year. New job numbers released today by Statistics Canada show that there were 582,700 people working in the province in May, up 4,800 over last May.In May 2015, Saskatchewan recorded the lowest unemployment rate among the provinces at 4.9 per cent (seasonally adjusted), while nationally, the rate stood at 6.8 per cent. Saskatchewan has had the lowest unemployment rate in the country for 20 consecutive months.
Immigration, Jobs, Skills and Training Minister Jeremy Harrison said the new employment record shows the diversity and strength of Saskathewan’s economy, even with the slowdown in the oil sector.
“Saskatchewan’s economy is diversified with a broad base of goods and services which has set us apart from other provinces,” Harrison said. “Our economic outlook remains positive – jobs are up, population is up, and other indicators like exports and wholesale trade are making steady gains.
“Employers in Saskatchewan continue to look for experienced staff. To address this issue and fill those vacant positions, our government has placed a priority on providing the resources to update skills and deliver training where it is needed.”
Other highlights include:
- Full-time employment was up 5,500 jobs or 1.1 per cent from a year ago – a record high for the month.
- Major year-over-year gains were reported for health care and social assistance up 5,400; accommodation and food services up 3,000; and educational services up 2,800.
- Youth unemployment rate was 9.7 per cent (seasonally adjusted), lowest among the provinces, and below the national rate of 13.2 per cent.
- Regina’s seasonally adjusted unemployment rate was 4.4 per cent in May, the 4th lowest among major Canadian cities. Saskatoon’s unemployment rate was 5.2 per cent, 7th lowest among major Canadian cities.
For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca