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Saskatchewan’s unemployment rate is the lowest of any Canadian province.
According to data released by Statistics Canada on Friday, Saskatchewan’s unemployment rate sat at 4.2 per cent in May. That’s the lowest among all provinces, and significantly lower than the national unemployment rate of 7 per cent.
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Newfoundland and Labrador had the highest unemployment rate at 9.6 per cent.
The national unemployment rate ticked up by 0.1 per cent last month, Statistics Canada noted, putting it at its highest level since September of 2016, excluding the pandemic years of 2020 and 2021.
The Government of Saskatchewan said the province has maintained a strong labour market and steady growth throughout 2025.
“There are more people working in Saskatchewan than ever before,” Jim Reiter, Saskatchewan’s deputy premier and minister of immigration and career training, said in a statement.
“We are experiencing record job growth and our province continues to be an economic leader in Canada. Our government is working to ensure this growth continues and that our province remains attractive for businesses to invest while continuing to be the best place to live and work in Canada.”
In May, the provincial government said Saskatchewan set new records for the size of its labour force (653,900), full-time employment (518,800) and female employment (294,300).
“Year-over-year, full-time employment increased by 15,300, an increase of 3.0 per cent. Employment for women is up 10,900 which is an increase of 3.8 per cent, and employment for men is up 5,300 an increase of 1.6 per cent,” the Government of Saskatchewan said in a news release.
“Saskatchewan’s two biggest cities also saw year-over-year growth. Compared to May 2024, Saskatoon’s employment was up 7,900, an increase of 4.1 per cent, and Regina’s employment was up 5,100, an increase of 3.5 per cent.”
