Saskatchewan is making headlines as 2025 begins, boasting the lowest unemployment rate among Canadian provinces and nearly 10,000 new jobs added in January alone. According to Statistics Canada’s latest labour force survey, Saskatchewan’s unemployment rate stands at 5.4%, well below the national average of 6.6%. This positive trend reflects the province’s growing economy and increasing job opportunities across various sectors.
Strong Employment Growth Across Key Sectors
Year-over-year, Saskatchewan added 9,900 new jobs, with full-time employment increasing by 3,000—an impressive 0.6% growth. Both male and female employment saw gains:
- Female employment rose by 4,300 jobs (+1.5%)
- Male employment increased by 5,400 jobs (+1.7%)
Major job growth sectors include:
- Construction: +6,300 jobs (+16.6%)
- Healthcare & Social Assistance: +5,900 jobs (+6.5%)
- Agriculture: +3,500 jobs (+15.3%)
These figures highlight Saskatchewan’s focus on sectors critical to its economic development, creating opportunities for both local residents and potential newcomers.
Saskatoon and Regina: Urban Growth Hubs
Saskatchewan’s largest cities also contributed significantly to the province’s employment surge:
- Saskatoon: Employment up by 10,400 jobs (+5.4%)
- Regina: Employment up by 1,200 jobs (+0.8%)
This growth reflects strong urban economic activity, driven by investments in infrastructure, healthcare, and education, making these cities attractive for both job seekers and investors.
Economic Indicators Reflect a Robust Economy
Beyond job growth, Saskatchewan has shown strong performance in other economic areas:
- Retail Trade Growth: 5.1% increase from November 2023 to November 2024 (2nd highest in Canada)
- Building Construction Investment: 5.7% month-over-month growth (2nd in Canada)
- Year-over-Year Construction Investment: Up by 11.8% from November 2023 to November 2024
These numbers indicate a thriving economy, bolstered by strong investment and a diverse job market.
Government Initiatives Driving Workforce Expansion
The Government of Saskatchewan has played a pivotal role in this economic upswing through strategic initiatives like:
- Building the Workforce for a Growing Economy: A labour market strategy designed to Meet the demands of Saskatchewan’s expanding economy.
- Securing the Next Decade of Growth: An investment attraction strategy aiming to boost private capital investments to $16 billion annually.
These initiatives focus on enhancing access to healthcare, expanding educational spaces, and making life more affordable for Saskatchewan residents.
A Promising Future for Saskatchewan’s Workforce
Saskatchewan’s strong start to 2025 highlights its economic resilience and growing job market. With the lowest unemployment rate among provinces and nearly 10,000 new jobs added, the province continues to attract talent and investment. As the Government implements strategic plans to support long-term growth, Saskatchewan remains a promising destination for job seekers, investors, and newcomers alike.
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