Home » The unemployment rate in Alberta is 8.7%, the lowest since the outbreak | Employment rate | Virus pandemic

The unemployment rate in Alberta is 8.7%, the lowest since the outbreak | Employment rate | Virus pandemic

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[Epoch Times June 08, 2021](Reporter Hirayama Comprehensive Report) Statistics Canada announced the May National Labor Market Survey Report on June 4. The unemployment rate in Alberta is 8.7%, the lowest recorded since the first case of the Chinese Communist Party virus (COVID-19) was confirmed in Alberta in March 2020. Ranked sixth among the 10 provinces in the country.

Nationwide

Canada’s national unemployment rate was 8.2% in May, an increase of 0.1 percentage point from April. The three provinces with the lowest unemployment rate in the country are Saskatchewan (6.3%), Quebec (6.6%), and British Columbia (7.0%). The three provinces with the highest unemployment rates are Newfoundland and Labrador (13.4%), Nova Scotia (9.8%), and Prince Edward Island (9.6%).

The national employment rate in May was 59.4%, a decrease of 0.2 percentage points from April, and the number of employed persons fell by 68,000. The decrease in employment was mainly from Ontario (32,000) and Nova Scotia (22,000). There was little change in other provinces. The number of employees in Alberta fell by 1,000.

Divided by sector, the number of people working in the service sector across the country fell by 22,000 in May.

These sectors include 11 industries. Wholesale and retail employment fell by 21,000, other service industries fell by 24,000, and transportation and warehousing workers increased by 22,000.

The number of people working in the commodity production sector fell by 36,000, which is the first decline in the sector since April 2020. Commodity production industries include agriculture, natural resources, public utilities, and construction.

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The number of people working in the natural resources industry increased by 8,600, while the number of people working in other industries declined. The natural resources industry is recovering strongly, and the number of employed people exceeds 29,000 compared with February 2020 before the CCP virus pandemic. This trend is undoubtedly good news for Alberta, Saskatchewan and other large natural resources provinces.

Alberta

Alberta’s unemployment rate in May was 8.7%, ranking sixth among the 10 provinces in the country, a decrease of 0.3 percentage points compared with April. This is the lowest record since the first wave of outbreaks occurred in Alberta in March 2020, and is also lower than the March 2020 level (9.1%) before the virus pandemic. The number of jobs in Alberta’s commodity production sector increased by 10,000, of which the number of jobs in the natural resources, construction and manufacturing industries increased by 7,700, 6,900, and 800, respectively. The number of people working in the service sector fell by 11,000.

Compared with April, the population of Alberta increased by 1,000 people, the labor force decreased by 8,000, the number of employed people fell by 1,000, the employment rate fell by 0.1 percentage point, and the labor participation rate fell by 0.3 percentage points. In other words, the decline in the unemployment rate in Alberta is mainly due to the decrease in the number of people looking for work by 8,000, and the labor market has improved little. But a welcome phenomenon is the increase in employment in the natural resources industry.

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Mike Holden, chief economist of the Alberta Business Council, said that the economic situation in Alberta was relatively stable in May and has not fully recovered from the pandemic. The number of jobs in May is about the same as The level of 98% in February 2020 (unemployment rate 7.1%).

Holden said May labor statistics “have some interesting” highlights, including increased employment opportunities in the manufacturing and natural resources industries. Holden expects more positive changes after the reopening in June. Justin Brattinga, press secretary of the Ministry of Employment Economy and Innovation, said in an e-mail that the latest figures are encouraging. Brattinga said: “The energy industry has returned to the number of jobs before the epidemic. These figures are optimistic. We hope that there will be a strong rebound in the second half of the year.”

Major cities in Alberta

In May, Calgary, Alberta, Edmonton, Lethbridge and other three cities were included in the list of national demographic metropolises. The unemployment rates in these three cities are 8.7%, 10.2%, and 6.8% respectively. Calgary’s unemployment rate in May dropped by 0.6 percentage points from April, a significant drop. Other labor market indicators in the city include employment (an increase of 1,100), unemployed (a decrease of 5,600), and the employment rate (an increase of 0.4). Percentage points) and so on.

The unemployment rate in Edmonton was 10.2% in May, a decrease of 0.3 percentage points from April. The two labor market indicators of employment (an increase of 100 people) and the number of unemployed (decreased by 3,100) have also improved, but there are 37 populations across the country. Ranked fourth among statistical metropolises, it is one of the four metropolises with an unemployment rate of over 10% in Canada.

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Cities with the lowest and highest unemployment rates in the country

The three cities with the lowest unemployment rate among the demographic metropolises in the country are all in Quebec. They are Trois-Rivières (4.2%), Sherbrooke (4.6%) and Quebec City (4.9%). The three cities with the highest unemployment rate are in Ontario, namely Belleville (11.0%), St. Catharines-Niagara (St. Catharines-Niagara, 10.8%), and Windsor (10.6%).

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