There are now more people working full-time than ever before in the province's history and Saskatchewan's seasonally adjusted unemployment rate dropped to 4.5 per cent in August, its lowest level since February 2010. That's also the lowest unemployment rate in Canada, according to the August labour force report released by Statistics Canada.
Saskatchewan has now had the lowest unemployment rate in Canada for six straight months.
Regina (tied with Guelph) has the lowest seasonally adjusted unemployment rate among Canadian cities at 4.7 per cent while Saskatoon is the fourth lowest at 5.1 per cent.
Full-time employment hit an all-time high of 454,300 in August, breaking the record that had been set the previous month.
Advanced Education, Employment and Immigration Minister Rob Norris said the new numbers demonstrate that Saskatchewan continues to be the best place in Canada for workers pursuing a wide range of opportunities.
"In fact, Saskatchewan is probably the best place to be in North America right now," Norris said. "Our unemployment rate is by far the lowest in Canada and less than half the unemployment rate in the U.S. While other places are struggling with high unemployment, our unemployment rate keeps going down."
There were 529,000 people working in Saskatchewan in August 2011 - a decrease of 3,200 compared to August 2010.
"Saskatchewan leads all provinces in several economic indicators including housing starts, value of building permits, retail and wholesale trade and manufacturing shipments," Norris said. "No wonder Saskatchewan business owners are among the most optimistic in the country.
"With more than 10,000 jobs available right now on www.saskjobs.ca, opportunities are available in every part of the province."
