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Unemployment Rate Drops for Alberta Region that Holds Lloydminster

The Unemployment Rate for the Alberta region that holds Lloydminster saw a slight drop last month.

Statistics Canada shows that the rate dropped from 9.6% in April to 8.8% in May. This is 0.5% higher than May of last year, when the unemployment rate was 8.3%. The numbers have not been adjusted for seasonal layoffs.

Alberta’s unemployment rate overall dropped slightly from 7.9% in April to 7.8% in May.

In Saskatchewan, the unemployment rate rose from 6.2% in April to 6.3% in May.

Overall, Statistics Canada says the national unemployment rate is 6.6%.

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