Released on July 11, 2014
For the second consecutive month, job numbers in Saskatchewan hit an all-time high. In June of 2014, there were 576,900 people working in the province; the highest ever. There were 8,700 more people working in June 2014 when compared with last June, according to Statistics Canada.
“The last two months of record job numbers are consistent with the high level of economic activity taking place in Saskatchewan,” Government Relations Minister Jim Reiter said on behalf of Associate Economy Minister Jeremy Harrison. “We have one of the best economies in Canada, a competitive business environment, innovative entrepreneurs and above all, a skilled and hard-working labour force.”
Other records set in June included full-time employment, reaching 480,700 and the labour force totalling 596,400.
“There is a lot of good news in today’s report - jobs are growing in our key sectors, unemployment remains the lowest in the country, and full-time jobs are at record levels.” Minister Reiter said. “At the half-way mark in 2014, we are maintaining the course of more jobs and more opportunities for working people.”
Saskatchewan’s unemployment rate was 3.9 per cent in June (seasonally adjusted), the lowest in Canada. This was the 18th consecutive month that the province has recorded the lowest unemployment rate in the country. On a national basis, unemployment was 7.1 per cent in June.
- Full-time employment was up 9,600 on a year-over-year basis, while part-time was down 900;
- Regina’s seasonally adjusted unemployment rate was 3.6 per cent and Saskatoon was 3.8 per cent – the lowest and second lowest unemployment rate among major Canadian cities;
- Youth unemployment was 8.7 per cent (seasonally adjusted), the lowest among the provinces and well below the 13.4 per cent posted nationally;
- Private sector jobs were up 8,900;
- Construction jobs up 6,200 (+12.9%); finance, insurance, real estate and leasing up 2,600 (+8.9%), trade up 2,400 (+2.8%); forestry, mining, oil and gas up 1,700 (+7.0%); and utilities up 1,700 (+30.9%)
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