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Local unemployment rate declines to 6.3 per cent

A look at the unemployment numbers in the surrounding area
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Three hundred fewer people were unemployed in the Swift Current/Moose Jaw labour region at Dec. 30 than one year before, according to the Statistics Canada labour force survey.

The unemployment rate for the region fell to 6.3 per cent from 6.7 per cent.

While the number of unemployed was reduced so was the labour force. The labour force declined to 53,900 from 55,600 at the end of 2021.

The 1,700 person reduction in labour force was caused by retirements, moving away or people no longer looking for a job.

The Swift Current/Moose Jaw labour region posted the highest unemployment rate of five regions in Saskatchewan.

Lowest unemployment rate was 4.4 per cent in Yorkton/Melville; followed by Regina/Moose Mountain, 4.6 per cent; Saskatoon/Biggar, 5 per cent, and Prince Albert northern, 5.1 per cent.

Saskatchewan was one of two provinces with a gain in employed people and had a 5.7 per cent unemployment rate, down from 8.7 the year previous.

 

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