Saskatchewan Examiner

Saturday, September 23, 2023

Saskatchewan witnesses a drop in the unemployment rate

The province of Saskatchewan is looking out, to fill labor shortages, after a good drop in the unemployment rate.

  • Labour Force Survey reveals that the unemployment rate in Saskatchewan has fallen.
  • Natural Resources sector saw a spike of 8.3% in employment in just over a month.
  • Information, recreation, and culture witness a loss of 10.3 % in employment.
Sask. unemployment rate drops to 5.2%, 10,100 jobs gained in November |
Saskatchewan is looking to reduce the scarcity of labor, by introducing various employment generation programs.

According to Statistics Canada, which launched employment information for November in its Labour Force Survey on Friday, Saskatchewan’s unemployment rate has fallen.

The document pegs Saskatchewan’s unemployment rate for November at five.2 percentage. That’s down from 6.2 percentage in October.

The information, which is seasonally adjusted, displays that the province has decreased unemployment rate than the countrywide common of six percentage for November, itself down from 6.7 percentage the month prior.

Employment inside the province’s herbal assets zone rose drastically from October to November, up 8. three percentage. Employment inside the business, building and different assist services additionally noticed a robust increase, up 16. five in line with from October to November.

Showing the biggest loss in employment turned into the region of information, culture, and recreation, down 10. three percentage from October to November.

Also, read: Saskatchewan awards physician for leading COVID pandemic response

Jeremy Harrison, the province’s immigration and career training minister, said that Saskatchewan’s financial system keeps revealing strength with extra jobs being created and the unemployment rate persevering with to drop. They also are operating to deal with the contemporary hard work shortages in sure sectors thru investment for talents schooling programs, in addition to the brand new Hard-to-Fill Skills Immigration Pilot to make sure this power keeps.

Harrison spoke approximately the pilot task final week, announcing he’s heard there’s an “acute” hard work scarcity inside sure sectors in Saskatchewan.

The software intends to fill vacancies in pick out jobs which have enormous recruitment challenges. Health, manufacturing, agriculture, ag-tech, construction, hospitality, and retail are to be most of the focused sectors.

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