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Lloydminster unemployment rates near equal on both sides

Unemployment rates on the Alberta side of Lloydminster sit closer to the Saskatchewan side after October saw a 1.3 per cent difference. In November, the rate in Alberta’s Camrose – Drumheller region was at 6.9 per cent, while Prince Albert – Northern region of Saskatchewan was at 6.4.

In the West, Camrose – Drumheller region rose a full percentage point from last month but is 0.1 below where it was a year ago.

In the East, Prince Albert – Northern region dropped from 7.2 per cent in October. The drop has the region sitting 0.1 per cent above the rate in 2017.

The country is seeing green in more ways than one after the legalization of cannabis on October 17. Stats Can says cannabis related jobs have increased by 7,500 from 2017 to 10,400.

According to the Labour Force Survey released last Friday, the increase in full-time employment helped raise Canadian employment by 94,000. Alberta’s jobless rate fell from 7.3 per cent in October to 6.3 per cent in November due to the full-time work increase. In Saskatchewan, the rate rose 0.7 percentage points from last month to 5.5 per cent.

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Stats Can says Canada’s unemployment rate is at its lowest since comparable data became available in 1976.

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