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Alberta’s unemployment rises again

Alberta’s unemployment rises again

Posted on: 9/6/2019 | Author: ATB Economics

​​August was another rough month for job seekers in Alberta, according to Statistics Canada's latest Labour Force Survey. Alberta’s seasonally-adjusted unemployment rate increased for the second month in a row, going from 7.0 per cent in July to 7.2 per cent in August.

The rise is due to more job seekers being unable to find work. The labour force grew by 5,600 (0.2 per cent) in August while the number of jobs increased by just 600 (0.03 per cent).

The situation is slightly better on a year-over-year basis, though still weak. The number of jobs is up by 0.2 per cent compared to August 2018.

Self-employment grew by 0.9 per cent (3,100) in August, but was down by 10.8 per cent (43,500) compared to a year ago.

Nationally, the unemployment rate stayed put at 5.7 per cent while employment increased by 0.4 per cent (81,100).

NAFTA trade September 2019, graph 

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