The unemployment rate in Calgary stayed the same in November at 4.7 per cent, but continues to be one of the lowest in Canada behind only Regina and Edmonton. According to Statistics Canada, the unemployment rate in Canada dropped from 7.4 per cent in October to 7.2 per cent in November. Ontario, Quebec and Manitoba and Prince Edward Island and Alberta all saw job gains in November. An impressive 59,000 new jobs were created across the country, with large gains in employment rose among women and youths aged 15 to 24.
Alberta saw 10,100 new jobs created while the Calgary area increased by 5,200 from the previous month. Calgary’s economy helped create 31,000 jobs in 2011 and it looks like 2012 will be just shy of that number.
The U.S. economy also added 146,000 jobs in November, showing signs of economic growth which is good for Canada. The unemployment rate in the U.S dropped to the lowest level since December 2008, falling 0.2 per cent to 7.7 per cent.
Albertans have been particularly fortunate to live in a province with a strong economy, and will likely continue to enjoy an envious unemployment rate in 2013.
Posted by Marnie Campbell on
Leave A Comment