Alberta’s jobless rate falls while national number remains unchanged
Posted Jan 8, 2010 7:34 am.
This article is more than 5 years old.
The latest unemployment numbers from Statistics Canada are out and economists call them a little disappointing.
Nationally, the jobless number was unchanged at 8.5 per cent, with the economy shedding 26 hundred positions in December.
That after a number of economists predicted we would see anywhere from 20 to 40 thousand jobs created.
14 thousand more people were working in Alberta, pushing our unemployment rate down from 7.4 to 6.7 per cent.
Calgary’s unemployment rate rose a touch, now running at 7.3 per cent.
Year over year, Canada’s unemployment rate rose by almost a full 2.0 percentage points from 6.6 to 8.5 per cent, with employers showing more than 300-thousand people the door.
Patricia Croft with Phillips, Hager and North tells 660News, while job prospects will improve in the coming months, she doesn’t expect companies will add to their payrolls until late in 2010.
Derek Burleton with TD Financial believes Alberta’s economy is back on the road to recovery and as energy prices bounce back from the recession, more people will find work.
