Wednesday, August 10, 2022

Alberta unemployment jumps in January, up locally too

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For the second time in three months, employment declined in Alberta, down roughly another 19,000 jobs last month.

Statistics Canada releasing its January jobs numbers Friday morning (Feb.7).

The Lethbridge-Medicine Hat region experienced a jump in unemployment to 4.5%. That’s up half a percentage point from December when it was an even 4.0%.

Here in Alberta, the provincial rate jumped in January to 7.3 percent from 7.0%. It’s the highest rate for any province outside the maritimes.

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The good news is the overall Canadian jobless rate fell slightly last month to 5.5%.

The national stats agency says roughly 35,000 mainly full-time jobs, were created across the country.

Alberta Jobless Rate by Region Jan. 2020

Lethbridge-Medicine Hat: 4-5%
Camrose-Drumheller: 5.1%
Calgary: 6.9%
Banff-Jasper-Rocky Mountain House: 6.5%
Athabasca-Grande Prairie-Peace River: 6.5%
Red Deer: 7.4%
Edmonton: 7.9%
Wood Buffalo-Cold Lake: 5.3%

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