Unemployment rate in Lethbridge-Medicine Hat sees significant spike in December

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• Camrose-Drumheller: 8.8 per cent (8.9)
• Calgary: 7.6 per cent (7.7)
• Wood Buffalo-Cold Lake: 6.9 per cent (6.1)
• Red Deer: 6.5 per cent (6.6)
• Lethbridge-Medicine Hat: 6.5 per cent (5.5)
• Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River: 6.4 per cent (6.7)
• Edmonton: 6.1 per cent (7.0)

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In Alberta, the unemployment rate for youth (ages 15-24, male and female) was 13.2 per cent in December, compared to 12.8 per cent in November. The figure for adults (ages 25+, male and female) was 6.4 per cent last month, compared to 6.7 per cent in November.

More information on Alberta’s numbers are available here and here.

Minister of Jobs, Economy and Innovation Doug Schweitzer issued the following statement following the release of December’s numbers.

He said, “today’s job numbers continue to tell the story that Alberta is coming back and our economic recovery is reaching the kitchen tables of Albertans. Our nation-leading employment rate has increased to 64.2 per cent while unemployment has dropped to its lowest rate since before the pandemic.”

“Our work to diversify our economy and ensure Alberta is the best place in the country to do business has resulted in huge investments in tech, film and television, petrochemicals and agriculture. We continue to see those investments turn into Alberta jobs, with more than 16,000 full-time jobs added in December and nearly 130,000 new jobs since one year ago.”

Schweitzer added that, “the momentum we’re seeing is translating into more people moving to Alberta from across the country, which is helping to lead to strong real estate markets. Across the province, real estate sales are up 52 per cent compared with 2020. Word is spreading that Alberta is the best place to do business, and our trajectory continues to move upward.”

“The economic recovery and growth we have seen over the past year positions Alberta for a strong 2022, as we are forecasted to be the economic leaders in the country. Our work continues to ensure that the world knows Alberta is back and is a strong partner in every sector.”

The national economy added 55,000 jobs in December, and Canada saw an unemployment rate of 5.9 per cent, compared with 6.0 per cent in November.