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Encouraging November Jobs Report For Alberta

Encouraging November For Alberta

After two months of contraction, the number of people working in Alberta surged forward in November by 23,700 (1.0 per cent). According to Statistics Canada, full-time employment increased by 36,500 (1.9 per cent) last month while part-time employment decreased by 12,800 (-3.1 per cent). 

Monthly job gains occurred in almost all major sectors. The exceptions are wholesale and retail trade (-1.2 per cent), educational service (-1.3 per cent) and public administration (-0.3 per cent). 

Most of this improvement is due to the increase in employment but some of it is the result of a small dip in the participation rate of the labour force (-0.2 per cent). The number of people labour working and looking for work dropped by 2,500 people between October and November.

As a result, the number of Albertans who are unemployed fell by 26,200 for a 14.2 per cent drop and the unemployment rate dropped by a full percentage point to 6.3 per cent.  

While the unemployment rate remains stubbornly high, the improvement since October is a welcome sign. (source: ATB Financial's Economics & Research Team)

in Economy & Government

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
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Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
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Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
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