Sask. unemployment falls to 5.5% as 14,000 jobs added in October

Saskatchewan’s labour market remains strong, with 14,000 jobs added over the past year and the unemployment rate dropping to 5.5 per cent in October, Statistics Canada reported Thursday. The province now has the second-lowest unemployment rate in the country, well below the national average of 6.9 per cent.

“Saskatchewan continues to have one of the lowest unemployment rates in Canada as our economy creates more jobs and opportunities,” said Deputy Premier and Minister of Immigration and Career Training Jim Reiter. “Our government is here to support a strong labour force so Saskatchewan remains the best place to live, work and raise a family.”

Record highs were reported for October, with 621,800 people employed, a labour force of 651,200, and 514,500 employed full-time. Full-time employment rose by 12,600, or 2.5 per cent, compared with October 2024.

Employment in Regina increased by 9,200, or 6.4 per cent, while Saskatoon added 1,900 jobs, a 0.9 per cent gain. Health care and social assistance saw the largest growth, up 7,300 jobs (7.6 per cent), followed by construction, up 4,400 jobs (9.6 per cent).

The province’s real GDP grew 3.1 per cent in 2024 to $83.6 billion, the second-highest growth rate among provinces. Saskatchewan also led the country in month-over-month building construction investment in August 2025.

The government says its labour market and investment strategies are designed to support continued economic growth and job creation.