July economic snapshot

Information on Alberta’s labour force is released monthly, showing employment highlights for the province. So, how are we doing in Stettler and area?

In July, in our area, which includes the Camrose to Drumheller corridor, unemployment was 3.8 per cent, the lowest in Alberta. Red Deer was 5.6 per cent with Calgary at 6.8 per cent and Edmonton with 7.1 per cent unemployment.

Alberta’s seasonally adjusted unemployment rate was 6.3 per cent in July 2010. This rate was the lowest since April 2009 and the third lowest in the country behind Saskatchewan’s 5.1 per cent and Manitoba’s 5.6 per cent. The national unemployment average was 8.0 per cent.

The largest monthly increase in employment occurred in the following industries:

Construction: 6,800 people;

Finance, real estate and leasing: 3,900 people.

Want to see more information about Alberta’s labour force statistics?

Check out employment.alberta.ca.

Click on the office of statistics and information heading to find more on this and other Alberta statistical information.