Saskatchewan’s unemployment rate remains to be among the best in the country, entering 2018 at 6.3%.
The province also added 5,000 jobs over the month of December, much of those full-time positions.
Premier Brad Wall says the amount of opportunity in Saskatchewan has increased significantly.
“Certainly through the last decade, where we posted the second-best job creation record in the country, we’re talking about full-time and permanent jobs, there are (More than) 60,000 more jobs in Saskatchewan today than there were when we were first elected in 2007.”
With the Youth Unemployment rate sitting at 11.8%, Premier Wall says there is incentives in place to keep Saskatchewan`s kids in the Province.
“There’s something we’ve implemented called the ‘Graduate Retention Plan,’ which is basically an aggressive tax reduction for Post-Secondary graduates of trade-school or University of any post-secondary program who choose to stay in the Province,” Wall says. “We’ve had over 53,000 young people take up that particular tax incentive, that tax reduction for them.”
The Provincial unemployment rate is on average with the rest of Canada, with the National rate also sitting at 6.3% to wrap up 2017.