August 8, 2014 9:23 am
Updated: August 15, 2014 8:20 am

Saskatchewan’s unemployment rate hits all-time low

Less people in the workforce pushes Saskatchewan’s unemployment rate to its lowest level since 1976.

Mike Groll / AP Photo

UPDATE: Corrected job numbers pushes Sask. unemployment rate down to 3.2%

OTTAWA – Saskatchewan’s unemployment rate has hit an all-time low but not because of increased employment.

Statistics Canada reported Friday the unemployment rate in the province was 3.3 per cent in July, a decline of 0.6 percentage points from June.

That is the lowest rate since comparable data became available in 1976.

The agency said the decline was due to a decrease in labour force participation, with 3,500 less people in the workforce during July compared to the previous month, a decline of 0.6 percentage points.

The number of people working in the province during July increased by 500, with all those gains in full-time employment.

Nationally, the unemployment rate was 7.0 per cent.

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