Navigate Up
Sign In
Alberta’s labour market since the recession, part 2

Alberta’s labour market since the recession, part 2

Posted on: 6/11/2019 | Author: ATB Financial's Economics + Research Team

Yesterday’s Owl looked at how Alberta’s labour market performed in 2018 compared to 2014. This gave us an opportunity to see how well it has recovered from the recession that gripped the province in 2015 and 2016. Overall, the number of jobs was up but not enough to bring the unemployment rate back to where it was before the downturn.

In today’s Owl, we zero-in on how different sectors have been faring since the recession.

The sector that has seen the largest proportional decrease in its average annual number of jobs since 2014 is agriculture (not including food processing jobs which fall under manufacturing). The number of agriculture jobs in 2018 was down by 18.7 per cent or 11,300 positions.

The forestry, fishing, mining, quarrying, oil and gas sector experienced the largest absolute loss of jobs, down 23,700 positions in 2018 compared to 2014 (-13.3 per cent). Other sectors yet to recover from the recession include manufacturing (-9.9 per cent) and construction (-4.4 per cent).

The biggest gain in percentage terms was in the utilities sector, which saw positions increase by 28.4 per cent (5,200) between 2014 and 2018. The health care and social assistance sector added the most jobs at 37,200 (15.4 per cent) followed by educational services at 33,200 (26.7 per cent) and public administration at 21,500 (24.5 per cent).

The average number of private sector jobs in 2018 was down by 2.2 per cent (6,100) compared to 2014 while public sector jobs were up by 19.3 per cent (73,200).

Public-private, graph​​

Share this article:

GlassdoorThis icon serves as a link to download the
eSSENTIAL Accessibility assistive technology app for individuals with physical disabilities. It is
featured as part of our commitment to diversity and inclusionDiversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Supplier Resources

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial