Jobless rate tumbles in Lethbridge region in May
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LETHBRIDGE – The unemployment rate for the Lethbridge-Medicine Hat region continued to improve in May.
The unadjusted three-month moving average rate for the region was 5.2 per cent, down significantly from an even six per cent in April. It marks three straight months of improvement.
Only Camrose-Drumheller (unchanged at four per cent) and Red Deer (4.9 per cent, down from 5.1) had a lower rate in the monthly report. Calgary and Edmonton showed slight decreases, while unemployment rose in Wood Buffalo-Cold Lake and Banff-Jasper-Rocky Mountain House/Athabasca-Grande Prairie-Peace River.
Alberta’s unemployment rate dropped from 6.7 to 6.2 per cent from April to May. The province recorded a net gain of 2,900 jobs as well as a decline in the labour force of 8,100.
