Saskatchewan saw a 10 per cent decrease in employment insurance (EI) claims in October 2013 compared to October 2012 – the biggest decrease in Canada.
There were 600 fewer initial and renewal employment insurance claims in the province this past October on a seasonally adjusted basis.
“Saskatchewan is still one of the best places in Canada to find employment,” Economy Minister Bill Boyd said. “We had the largest reduction in claims in the country, which says a lot about the strength of our economy.”
On a monthly basis, claims were down 5.4 per cent between September 2013 and October 2013 (seasonally adjusted). This decrease was the largest in Canada and compares favourably to a 1.7 per cent decline posted nationally over that period. There were 9,950 people receiving EI in Saskatchewan, a drop of 1,400 people (12.3 per cent) compared to October 2012.
“The fact that fewer people are utilizing EI and are finding employment is very good news,” Boyd said. “The job opportunities are out there, and it’s helped to drive our economy forward in 2013, and give us optimism for next year.”