Saskatchewan reached a new record with 578,000 people working, which breaks the pre-COVID employment record of 574,100 people in February 2020..The Statistics Canada jobs numbers released for May 2022 showed Saskatchewan employment jumped by 19,800 jobs, which is an increase of 3.5% verse May 2021..“Saskatchewan’s economy is on the right track with significant job gains and a low unemployment rate,” said Jeremy Harrison, Immigration and Career Training minister..“Our government will continue to provide a competitive environment to accelerate our economic growth in communities across the province.”.All the job growth was in full-time jobs..The May 2022 provincial unemployment rate dropped to 4.8%, down from 6.1% in May 2021..The national unemployment rate was 5.1% for May 2022..The province hit several employment records, including female employment at 272,300, off-reserve indigenous employment at 65,800, and off-reserve indigenous full-time employment at 54,100..Some of the major year-over-year gains happened in the accommodation and food services by 6,400 jobs, construction by 5,400 jobs, and healthcare and social assistance by 4,700 jobs..Private sector jobs increased by 8,100 (+2.5%), female employment increased by 9,000 jobs (+3.4%), and youth (aged 15-24) employment was up by 4,700 jobs (+5.9%). .A Conference Board of Canada report projects real GDP growth of 7.9% for Saskatchewan in 2022 with the national average at 4%.
