Saskatchewan was a bright spot in Statistics Canada’s latest national Labour Force Survey, showing record employment numbers with 493,400 jobs, an increase of 22,600 over the past year. Close to 9,500 of those jobs were created in retail and wholesale while construction, transportation, and the resource sectors also posted impressive gains. The unemployment rate in Saskatchewan fell to 4.1%, the second-lowest of all Canadian provinces, and well below the national rate of 6.2%
Saskatoon created 10,800 of those jobs over the past twelve months.132,400 people are now working in Saskatoon. The local unemployment rate is just 3.4% down two full percentage points in the last year. Only Calgary and Victoria have lower unemployment rates.
Norm Fisher
Royal LePage Vidorra
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