The figures, released Friday, come on the heels of 10,000 jobs being lost in April. Unemployment in Saskatchewan has risen to 6.2 per cent — the highest rate seen since the COVID-19 pandemic. Scott Moe has one of the worst job creation records in Canada since becoming Premier in 2018.
“The wheels have really come off the Saskatchewan economy,” said Aleana Young, Shadow Minister for Jobs, Economy & SaskPower. “With Scott Moe in the driver’s seat, we’re in big trouble. He has no plan for our economic future.
“Scott Moe’s only economic brainchild is to pack on a staggering $26-billion spend on a coal catastrophe that does nothing to set our economy up for success or leave things better than we found it for our kids, and their kids after that.”
Saskatchewan has 4,100 fewer jobs than it did a year ago, in May 2025. Youth unemployment has shot up to 13.2 per cent.
There are other indicators of a faltering economy too.
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Saskatchewan’s merchandise exports are down 7.4 per cent year-to-date, even with increased revenues from the increase in the price of oil.
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Retail sales are down year-to-date and rank third-last in Canada.
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Population has declined for two-straight reporting quarters.
“All of this while the rate of inflation last month reached 3.8 per cent,” Young said. “We hear every day from Saskatchewan people who are doing everything they can, working so hard and, still, they’re falling farther behind.
“Tax increases, a failure to reduce interprovincial trade barriers, increasing utility costs, and a lack of sound financial decision-making — all of this is causing the economy to falter.
“After 20 years, Saskatchewan people deserve an economic plan that delivers sustained growth, stronger job creation, and a good standard of living. It’s time for change.”
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