employment


The latest job numbers show another year-over-year decrease in the local unemployment rate, but also a drop in the number of people employed.

The report from Stats Canada shows that the jobless rate for Swift Current/Moose Jaw dropped to 4% in January 2012 from 5.1% in January 2011, though it did rise slightly from 3.9% in December 2011.

The number of people employed dropped from 50,400 in January of last year to 48,000 in January of this year, and the labour force also decreased by 3200 over that same period, helping drop the region's unemployment rate

Meanwhile, the provincial government says Saskatchewan reached record highs for employment in January, with just over 520,000 people working.

The province's unemployment rate was the second-lowest in Canada at 5%