Saskatchewan appears as bright spot amid gloomy job numbers
Although the latest Canadian job numbers released Friday are gloomy, Saskatchewan offers a flicker of good news.
According to Statistics Canada's monthly labour force report, Saskatchewan was the only province where the unemployment rate fell last month.
On a seasonally adjusted basis, Saskatchewan's unemployment rate fell to 4.1 per cent in January, compared with 4.2 per cent in December.
The drop means Saskatchewan now has the lowest unemployment rate in Canada, after being tied with Alberta in December.
Canada-wide, according to Statistics Canada, the drop in employment from December to January was the worst monthly labour market drop in more than three decades.
Employment fell by 129,000 in January. Canada's unemployment rate went up 0.6 percentage points and was 7.2 per cent in January.