SASKATCHEWAN EXPERIENCES HISTORIC JOB GROWTH AND LOWEST UNEMPLOYMENT RATE
Luis Garnica
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Saskatchewan has reached a remarkable milestone by adding 22,900 new jobs year-over-year in July, according to the latest report from Statistics Canada. This achievement represents the largest job increase since July 2022 and places Saskatchewan second in the nation for percentage change at 3.9%. In addition to this impressive job growth, Saskatchewan now boasts the lowest unemployment rate in Canada at 5.4%, a full percentage point lower than the national average of 6.4%.
The province's robust economic performance is a testament to its commitment to fostering job creation and supporting its workforce. Immigration and Career Training Minister Jeremy Harrison emphasized Saskatchewan's economic strength and ongoing efforts to create opportunities for its residents. In a further display of economic vitality, Saskatchewan led the nation in month-to-month labor force growth, with employment rising by 6,700 from June, marking a 1.1% increase.
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