Alberta's unemployment plummets in December, hitting 6.7%
CTV
Alberta's unemployment rate dropped dramatically last month.
Alberta's unemployment rate dropped dramatically last month.
Statistics Canada released its December 2024 Labour Force Survey on Friday, which showed Alberta's unemployment rate sitting at 6.7 per cent, down from 7.5 per cent the month prior.
According to the report, employment increased by 35,000 (1.4 per cent), building on gains observed in three of the previous four months. The employment rate rose seven-tenths of a percentage points to 64.8 per cent.
In the wake of U.S. president-elect Donald Trump's threat of tariffs, the December Labour Force Survey examined the number of Canadians who work in industries where 35 per cent or more of the jobs depend on the U.S. demand for Canadian Exports – found to be around 1.8 million people, representing 8.8 per cent of total employment.
The report indicates that the Wood Buffalo-Cold Lake economic region has the highest share of employment in industries dependent on American demand for Canadian exports at 22.8 per cent.
Other economic regions in Alberta with above-average proportions of employment in these industries in 2024 included Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River.
Neither Calgary nor Lethbridge saw major movement in their unemployment rate in December, but Edmonton's rate dropped almost a full percentage point to sit at 7.4 per cent in December compared to 8.3 per cent the month before.
Alberta RCMP are asking people to avoid travel Saturday due to poor driving conditions in areas across Central and Northern Alberta.
A 29-year-old woman is facing charges after a man was found with stab wounds in a burning apartment in downtown Toronto Friday morning.
One woman is expressing her deepest gratitude to the Winnipeg Richardson International Airport after the staff helped her retrieve the security footage of her final moments with her father.
Former prime minister Jean Chretien says U.S. president-elect Donald Trump is likely to walk back his threat of punishing tariffs and the resulting trade war with Canada, because the Americans are too reliant on a number of Canadian exports, namely in the energy sector.
A snowfall warning is in effect for parts of southwest Saskatchewan on Friday, with potential for some areas to reach up to 50 centimetres over the weekend.
Saskatchewan Health Minister Jeremy Cockrill has signed a deal with the federal government to expand access to medication for people with rare diseases.
Manitoba’s Crown attorneys are sounding the alarm over rising crime, caseloads and vacancies which they say are putting the public at risk.
As U.S. president-elect Donald Trump threatens to annex Canada, some residents in Montana are sharing their thoughts on the idea of Canada becoming the “51st state.”
From hockey tickets to VIP seats for the Celebration of Light, Vancouver’s mayor and council were gifted tens of thousands of dollars’ worth of freebies in 2024.
Jean-Philippe Marineau and Patrice Beauparlant, lifelong friends who grew up in Hearst, Ont., are training for a 450-km trek from Fort Albany to Hearst, Ont.
The daughter of a Nova Scotia woman killed by her husband is calling for greater public discussion about domestic violence, saying she learned too late about the warning signs in her mother's relationship.