Navigate Up
Sign In
Employment stable in June

Employment stable in June

Posted on: 7/6/2018 | Author: ATB Financial's Economics + Research Team

Alberta saw the creation of some 2,000 new jobs in June, adding to the nearly 3,000 positions created in May. That’s modest growth, to be sure, but it continues to suggest that Alberta’s economy is moving in the right direction.

The jobs added last month were entirely part-time (+2,800), partially offset by a small loss of full-time positions (-900). A longer term perspective always provides a better view and, in that respect, Alberta’s job market is showing improvements. Over the last twelve months, full-time jobs (+48,900) have vastly outpaced part-time jobs, which are actually down (-15,300).

Edmonton saw decent job growth in June, with numbers up by 5,900 positions. The unemployment rate ticked a tenth of a percentage point higher to 6.6 per cent. Calgary saw losses of 4,600 jobs. Its unemployment rate held steady at 7.7 per cent.

Compared to a year ago, job creation has been particularly strong in construction (+16,500), natural resources (+13,300) and professional, scientific and technical services (+7,400)—all sectors hit hard by the recession two years ago. The job market continues to struggle in health care and social assistance (-9,600), food and accommodation (-7,100), and finance, insurance, real estate, rental and leasing (-3,300).

Overall, today’s jobs report is a continuation of the story that has marked the post-recession recovery: slow but steady. The pace of expansion has been frustrating for thousands of Albertans still looking for work, but there’s no denying the province's economy continues to evolve and improve.

Employment in Alberta

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