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Saskatchewan Unemployed rate still lowest in Canada for 26 consecutive months

Saskatchewan has maintained the lowest unemployment rate in the country for 26 consecutive months. Saskatchewan鈥檚 unemployment rate was 4.
low unemployment rate

Saskatchewan has maintained the lowest unemployment rate in the country for 26 consecutive months.

Saskatchewan鈥檚 unemployment rate was 4.5 per cent for the month of January, tied with Alberta for the lowest in Canada, and still well below the national average of 6.6 percent, according to a Statistics Canada report released today.

January was the first month since March 2014 that Saskatchewan experienced employment losses, losing 1,200 jobs compared to January 2014, and 8,400 since December 2014. January was only the fourth month that Saskatchewan experienced employment losses since 2007.

鈥淲e know the effect of low oil prices will be felt by Saskatchewan鈥檚 economy and labour market, and this month鈥檚 employment losses reflects that鈥 Minister responsible for Immigration, Jobs, Skills and Training Jeremy Harrison said. 鈥淏ut it鈥檚 important to look at the big picture. This is just the fourth month of employment losses since 2007, we have maintained the lowest unemployment rate in the country and there are over 11,000 jobs available on Saskjobs.ca. Our province鈥檚 youth unemployment rate was 8.8 per cent, second lowest among the provinces.

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