Saskatchewan's unemployment rate reached 5.4 per cent in September 2026, positioning it as the second lowest among Canadian provinces, according to data from Statistics Canada.
September 2026 Employment Overview
The provincial unemployment rate of 5.4 per cent in September 2026 is based on Statistics Canada figures. This represents a decline from 5.5 per cent recorded in August 2026. The national average unemployment rate for September 2026 was 5.5 per cent.
Job Growth and Economic Factors
Compared to the previous year, Saskatchewan added 2,400 jobs, indicating year-over-year employment growth. This increase contributes to the province's economic stability. The Saskatchewan Government News release attributes this to growth across local industries.
Key sectors contributing to job creation include manufacturing, which saw an increase of 2,400 jobs, and the finance, insurance, real estate, rental, and leasing sector, which added 1,100 jobs. The construction industry also reported an increase of 1,000 jobs.
Workforce Participation
The labour force participation rate in Saskatchewan for September 2026 was 62.9 per cent. The province also reported an employment rate of 59.5 per cent. These metrics reflect the proportion of the population engaged in or actively seeking employment.
Interprovincial Comparison
Saskatchewan's 5.4 per cent unemployment rate was the second lowest nationally. The lowest rate among Canadian provinces was 3.6 per cent in Quebec for the same period. The provincial government continues to monitor these economic indicators.
Source: Saskatchewan Government News (https://www.saskatchewan.ca/government/news-and-media/2026/october/09/unemployment-rate-second-lowest-amongst-provinces-at-54-per-cent-in-september)