SASKATCHEWAN SEES A DECADE OF SOLID JOB GROWTH AND STRONG GROWTH IN DECEMBER

A DECADE OF SOLID JOB GROWTH AND STRONG GROWTH IN DECEMBER

Released on January 5, 2018

December’s job numbers show Saskatchewan had the second highest percentage employment growth rate among the provinces between 2007 and 2017 and added 5,000 jobs in December, starting the year from a position of strength.

There have been 62,700 jobs created over the last decade in Saskatchewan, a 12.4 per cent increase, well above the national rate of 9.8 per cent.

Among the provinces, Saskatchewan had the fifth lowest annual average unemployment rate in 2017 at 6.3 per cent.  Nationally, the annual average unemployment rate was 6.3 per cent.

There was an average of 567,600 people employed in 2017, 900 fewer than in 2016.

“There are more than 60,000 more jobs today in Saskatchewan than there were 10 years ago,” Premier Brad Wall said.  “This has been a period of exceptional growth for our province, driven by businesses large and small.  Thanks to their efforts, there are more opportunities for Saskatchewan people to build a career and contribute to our community.  With our population continuing to grow, we are beginning a second decade of growth.  For Saskatchewan, the best is yet to come.”

Other 2017 highlights include:

  • Major year-over-year gains were reported for trade, up 3,800; manufacturing, up 2,300; and professional, scientific and technical services, up 2,100 compared to 2016.
  • Youth unemployment rate was 11.8 per cent, fourth lowest among the provinces.

On a month-over-month basis, there was an increase of 5,000 jobs (seasonally adjusted) between November 2017 and December 2017.  December 2017’s unemployment rate was 6.4 per cent, down from 6.6 per cent in December 2016.

-30-

For more information, contact:

James Parker
Executive Council
Regina
Phone: 306-787-1321
Email: james.parker@gov.sk.ca

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on January 5, 2018, in economic impact, political. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: