Edmonton’s unemployment rate dips slightly in February: StatsCan

Edmonton’s unemployment rate dropped slightly last month, according to Statistics Canada’s latest labour force survey released Friday.

The February numbers showed Edmonton’s unemployment rate fell to 6.9 per cent from 7.2 per cent in January. The rate is also down on a year-over-year basis from 8.4 per cent in February 2017.

In Calgary, however, the unemployment rate rose slightly to 7.9 per cent in February from 7.6 per cent in January.

Provincially, the unemployment rate dropped to 6.7 per cent in February from 7.0 per cent in January. Overall, the provincial rate is down on a year-over-year basis from 8.2 per cent in February 2017.

The province gained a total of 2,300 jobs compared to last month. Full-time employment decreased by 10,500 jobs while part-time employment increased by 12,800 jobs. The labour force decreased by 7,100 people.

According to provincial data, these three sectors saw the largest gains in employment compared to last month:

Education services — 6,700 jobs
Health care and social assistance — 6,000 jobs
Public administration — 1,400 jobs

The three sectors that experienced the largest decreases in employment compared to last month were:

Other services — 3,100
Information, culture and recreation — 2,700 jobs
Professional, scientific and technical Services — 2,400 jobs

Nationally, the economy added 15,400 net new jobs last month and the unemployment rate edged down to 5.8 per cent from 5.9 per cent in January — but the gains were due to a surge in part-time work that offset a decline in full-time positions.

— With files from The Canadian Press

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Source:: Edmonton Journal

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