Saskatchewan led the country in job growth and posted the lowest unemployment rate in Canada in April, according to new data released Friday by Statistics Canada.The province added 21,100 jobs over the past year, a 3.6% increase — the highest annual job growth rate in the country. Saskatchewan’s unemployment rate stood at 4.3%, well below the national average of 6.9%.“Saskatchewan is an economic leader in Canada,” said Deputy Premier Jim Reiter, who also serves as minister of immigration and career training. “Our government is ensuring that our labour market remains strong, our economy continues to grow and that Saskatchewan remains the best and most affordable place to live, work and raise a family.”The bulk of the gains came in full-time employment, which rose by 14,800 jobs (up 3.1%). Part-time work grew by 6,300 jobs (up 5.9%).Saskatoon and Regina also posted solid job gains. Saskatoon’s employment rose by 6,600 jobs (up 3.4%) compared to last April, while Regina added 4,600 jobs (up 3.2%)..Year-over-year growth was strongest in key sectors. Health care and social assistance jobs rose by 8,900 (up 9.8%), construction gained 4,900 positions (up 12.6%), and public administration added 6,600 jobs (up 19.2%).Beyond the labour market, Saskatchewan continues to post solid economic numbers. Real GDP grew by 3.4% from 2023 to 2024, the second-highest growth among provinces and well ahead of the national average of 1.6%. The province’s GDP reached an all-time high of $80.5 billion, up from $77.9 billion in 2023.Saskatchewan also ranked second in Canada for new motor vehicle sales growth and third for urban housing starts.The government says its economic momentum is being supported by two strategies: Building the Workforce for a Growing Economy, a labour market roadmap, and Securing the Next Decade of Growth, an investment attraction strategy.
Saskatchewan led the country in job growth and posted the lowest unemployment rate in Canada in April, according to new data released Friday by Statistics Canada.The province added 21,100 jobs over the past year, a 3.6% increase — the highest annual job growth rate in the country. Saskatchewan’s unemployment rate stood at 4.3%, well below the national average of 6.9%.“Saskatchewan is an economic leader in Canada,” said Deputy Premier Jim Reiter, who also serves as minister of immigration and career training. “Our government is ensuring that our labour market remains strong, our economy continues to grow and that Saskatchewan remains the best and most affordable place to live, work and raise a family.”The bulk of the gains came in full-time employment, which rose by 14,800 jobs (up 3.1%). Part-time work grew by 6,300 jobs (up 5.9%).Saskatoon and Regina also posted solid job gains. Saskatoon’s employment rose by 6,600 jobs (up 3.4%) compared to last April, while Regina added 4,600 jobs (up 3.2%)..Year-over-year growth was strongest in key sectors. Health care and social assistance jobs rose by 8,900 (up 9.8%), construction gained 4,900 positions (up 12.6%), and public administration added 6,600 jobs (up 19.2%).Beyond the labour market, Saskatchewan continues to post solid economic numbers. Real GDP grew by 3.4% from 2023 to 2024, the second-highest growth among provinces and well ahead of the national average of 1.6%. The province’s GDP reached an all-time high of $80.5 billion, up from $77.9 billion in 2023.Saskatchewan also ranked second in Canada for new motor vehicle sales growth and third for urban housing starts.The government says its economic momentum is being supported by two strategies: Building the Workforce for a Growing Economy, a labour market roadmap, and Securing the Next Decade of Growth, an investment attraction strategy.
