May 24, 2024

Article content material

Whereas tons of of full-time jobs had been added to the native financial system, unemployment in July continued rising within the census area overlaying Fort McMurray Wooden Buffalo, in keeping with information from Statistics Canada. Wholesale and retail added probably the most new jobs, well being care and social help misplaced probably the most jobs.

Article content material

July unemployment for the Wooden Buffalo-Chilly Lake census area rose to five.7 per cent from 4.7 per cent in June. Employment dropped to 69.6 per cent in July from 70.3 per cent in Could. Employment in July 2022 was 72 per cent and unemployment was 5.8 per cent. Unemployment has been rising since April reported a 4.1 per cent fee.

Article content material

Job losses had been reported in:

  • 400 jobs had been misplaced in well being care and social help.
  • 200 jobs every had been misplaced in lodging and meals; the sector overlaying the oilsands; enterprise and different help providers; building; info and tradition; {and professional}, scientific and technical providers.
  • 100 jobs every had been misplaced in schooling and the sphere overlaying transportation and warehousing.

Article content material

Job beneficial properties had been reported in:

  • 500 jobs added to the wholesale and retail sector.
  • 300 jobs added to public administration and fields categorized as “different.”
  • 100 jobs added to the sector overlaying jobs in finance, insurance coverage, actual property, rental and leasing.

The participation fee—which measures how a lot of the inhabitants is working or actively on the lookout for work—dropped to 73.5 per cent final month. The speed was 73.7 per cent in June and 76.4 per cent in June 2022.

The labour pressure in July grew by 100 positions from June and 1,100 positions from July 2022. About 700 full-time jobs had been misplaced in July, whereas the variety of part-time jobs has stagnated since Could.

Alberta completed fifth in unemployment, which rose to six.1 per cent from 5.7 per cent in June. Out of Alberta’s seven census areas, Calgary had the best unemployment, Camrose-Drumheller had the bottom and Wooden Buffalo-Chilly Lake ranked fifth.

Alberta was nonetheless certainly one of three provinces that noticed employment rise by added 12,000 new jobs. New Brunswick and Prince Edward Island had been the opposite two provinces to attain this.

Canadian unemployment elevated for the third consecutive month in July because it rose barely to five.5 per cent from 5.4 per cent. Employment held regular at 62 per cent. Building noticed probably the most losses with 45,000 jobs misplaced. Well being care and social help added probably the most jobs with 25,000 positions.

Get the information in your inbox each Friday morning by signing up for our e-newsletter.

[email protected]