indicatorThe Owl

Jobs in Alberta edged up slightly in March

The unemployment rate improved to 6.5%

By Rob Roach, ATB Economics 8 April 2022 less than a minute

According to the latest job numbers* from Statistics Canada, the gains in Alberta were modest, but in the right direction.

After adjusting for seasonal effects, the total number of jobs in the province rose by about 7,200 for a monthly increase of 0.3%.

The number of full-time positions went up by 15,700 (+0.8%) while part-time employment went down by 8,400 (-1.8%).

The national unemployment rate in March was 5.3% compared to 5.5% in February. In Alberta, the rate was 6.5% compared to 6.8% the month before.

Unlike the national unemployment rate which reached its lowest level since 1976 when the current data series began, Alberta’s unemployment rate was still double its record low set in October 2006.

*March Labour Force Survey data reflect labour market conditions during the week of March 13 to 19, 2022.

Answer to the previous trivia question: Known as Ultra-Large Crude Carriers, the largest oil tankers in the world can hold between 2 million and 3.7 million barrels of oil.

Today’s trivia question: When did the first home milk deliveries begin in the United States?

Alberta's unemployment rate went from 6.8% in February 2022 to 6.5% in March

Alberta's unemployment rate went from 6.8% in February 2022 to 6.5% in March

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