There are 1400 fewer people working in the Swift Current/Moose Jaw region than there were a year ago.

 

But Stats Canada's latest report says the unemployment rate is down from 4.8% last September to 3.8%. That is because the labour force is actually 2000 people smaller than it was a year ago.

Our unemployment rate is tied with Yorkton/Melville as the lowest in the province.

The Canadian economy churned out 61-thousand new jobs last month -- pushing the unemployment rate to 7.1 per cent. TD Bank economist Derek Burleton says that should calm some anxieties amid volatile stock markets. But he says battered business confidence will likely mean weaker hiring in the last three months of this year.