Strong job numbers in Alberta in May
Alberta’s unemployment fell by 0.6 percentage points to 5.3%
By Rob Roach, ATB Economics 10 June 2022 less than a minute
The number of employed Albertans increased by 1.2% in May for a monthly gain of 28,000. This was the seventh consecutive increase.
The provincial unemployment rate also improved, falling from 5.9% in April to 5.3% in May.
The number of unemployed Albertans fell to 131,600, the lowest since February 2015.
Full-time employment rose by 3.2% (60,600) while part-time work decreased by 7.2% (33,100).
The professional, scientific and technical services (+10,800; +5.5%) and transportation and warehousing (+8,200; +6.6%) sectors were the main contributors to the gains in Alberta in May.
Nationally, employment increased by 0.2% (49,800) in May and the unemployment rate went from 5.2% to 5.1%.
*May Labour Force Survey data reflect labour market conditions during the week of May 15 to 21, 2022.
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