Friday, December 1, 2023

Big Spike: Lethbridge-Medicine Hat unemployment rate jumps to 7.1%

Not very good news when it comes to local unemployment.

The latest jobs numbers released Friday (Sept. 6) from Statistics Canada show the Lethbridge-Medicine Hat jobless rate skyrocketed to 7.1% last month.

That’s the highest it’s been in several months and up substantially from 6.4% in July.

On a provincial level, Alberta’s jobless rate edged up as well in August, now sitting at 7.2%. In fact, almost every region in the province experienced an increase in jobless numbers.

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The national unemployment rate held steady at 5.7% in August.

Alberta Jobless Rate by Region in August 2019

Lethbridge-Medicine Hat: 7.1%
Camrose-Drumheller: 5.6%
Calgary: 7.4%
Banff-Jasper-Rocky Mountain House: 5,4%
Athabasca-Grande Prairie-Peace River: 5.4%
Red Deer: 7.3%
Edmonton: 7.8%
Wood Buffalo-Cold Lake: 6.3%

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