Saskatchewan Employment Trends
The unemployment rate in Saskatchewan was 5.7% as of October 2024, up 0.2% from the previous month. The unemployment rate stood 5.9% below the peak from June 2020 but remains above the long-run average.
There were 900 more full-time jobs in October 2024 compared to a month earlier. A loss of 1,700 part-time positions led to a decrease of 800 total jobs in October.
Full-time employment has recovered since reaching a bottom in May 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Regina Employment Trends
The unemployment rate in Regina was 6% as of October 2024, down 0.3% from the previous month. The unemployment rate stood 5.9% below the peak from June 2020 but remains above the long-run average.
There were 500 more full-time jobs in October 2024 compared to a month earlier. A loss of 400 part-time positions led to an increase of 100 total jobs in October.
Full-time employment was still down 3,900 jobs from the peak in December 2023 but stood 4,100 jobs above the trough in June 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Saskatoon Employment Trends
The unemployment rate in Saskatoon was 5.4% as of October 2024, unchanged from the previous month. The unemployment rate stood 8.5% below the peak in June 2020 and is below the long-run average.
There were 1,200 more full-time jobs in October 2024 compared to a month earlier. A loss of 700 part-time positions led to an increase of 500 total jobs in October.
Full-time employment has recovered since reaching a bottom in April 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
