Saskatchewan Employment Trends
The unemployment rate in Saskatchewan was 5% as of March 2024, up 0.1% from the previous month. The unemployment rate stood 6.6% below the peak from June 2020 and is below the long-run average.
There were 2,600 fewer full-time jobs in March 2024 compared to a month earlier. A loss of 700 part-time positions led to a decrease of 3,300 total jobs in March.
Full-time employment was still down 2,700 jobs from the peak in January 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Regina Employment Trends
The unemployment rate in Regina was 5.4% as of March 2024, up 0.6% from the previous month. The unemployment rate stood 6.5% below the peak from June 2020 but remains above the long-run average.
There were 3,200 fewer full-time jobs in March 2024 compared to a month earlier. A gain of 2,400 part-time positions led to a decrease of 800 total jobs in March.
Full-time employment was still down 7,700 jobs from the peak in December 2023.
* 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 March 2024, unchanged from the previous month. The unemployment rate stood 8.7% below the peak in June 2020 and is below the long-run average.
There were 1,600 more full-time jobs in March 2024 compared to a month earlier. A loss of 1,400 part-time positions led to an increase of 200 total jobs in March.
Full-time employment has recovered since reaching a bottom in December 2023 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
