Updated
Updated · DiscoverEstevan.com · Jul 13
Saskatchewan Youth Employment Adds 2,400 Jobs as June Unemployment Falls to 11.1%
Updated
Updated · DiscoverEstevan.com · Jul 13

Saskatchewan Youth Employment Adds 2,400 Jobs as June Unemployment Falls to 11.1%

3 articles · Updated · DiscoverEstevan.com · Jul 13

Summary

  • 2,400 more Saskatchewan youths were employed in June than a year earlier, pushing the youth unemployment rate down to 11.1% from 13.2% in May.
  • 11.1% left Saskatchewan with the third-lowest youth unemployment rate among provinces, below the 12.7% national rate and back to its pre-pandemic average.
  • 3,400 jobs were added year-to-date across the broader provincial labour market, while seasonally adjusted employment rose 2,900 from May, lifting Saskatchewan to the second-strongest monthly gain among provinces.
  • Accommodation and food services led annual job growth with 2,700 positions added, followed by health care and social assistance at 2,400 and finance, insurance, real estate and leasing at 1,600.
  • 6.1% overall unemployment kept Saskatchewan slightly below the 6.5% national average, reinforcing signs of a comparatively resilient provincial labour market.

Insights

As Saskatchewan's economy booms, are soaring housing prices pushing out the very workers it needs to attract?
Is Saskatchewan's success a sustainable strategy or just a temporary boom from high global commodity prices?