Saskatchewan Employment Trends
The unemployment rate in Saskatchewan was 5.8% as of November 2024, up 0.1% from the previous month. The unemployment rate stood 5.8% below the peak from June 2020 but remains above the long-run average.
There were 800 more full-time jobs in November 2024 compared to a month earlier. A loss of 200 part-time positions led to an increase of 600 total jobs in November.
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 5.7% as of November 2024, down 0.3% from the previous month. The unemployment rate stood 6.2% below the peak from June 2020 but remains above the long-run average.
There were 100 more full-time jobs in November 2024 compared to a month earlier. A gain of 1,700 part-time positions led to an increase of 1,800 total jobs in November.
Full-time employment was still down 3,800 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 5.2% as of November 2024, down 0.2% from the previous month. The unemployment rate stood 8.7% below the peak from June 2020 and is below the long-run average.
There were 1,300 more full-time jobs in November 2024 compared to a month earlier. A loss of 900 part-time positions led to an increase of 400 total jobs in November.
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.
