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Lloydminster unemployment rates dip heavily on both sides

Unemployment rates on both sides of the Border City fell drastically in October. Despite the increase in jobs, the Alberta side sits almost two full percentage points less than the Saskatchewan side.

The Alberta economic region of Camrose-Drumheller continues to hire more than other areas in Alberta. The region saw its unemployment rate fall to 4.3 per cent last month from 5.1 per cent in September. That rate is not adjusted for seasonal employment.

Across the border, the Prince Albert and Northern region in Saskatchewan found more jobs in October compared to recent months dropping a full percentage point. The region sat at 6.1 per cent, unadjusted for seasonality which is a 1.1 per cent drop from September. The region has had the highest unemployment rate in the province for the past six months.

Overall, employment in Alberta and Saskatchewan stayed continues to stay steady over the past two months. Nationally, after two months of growth, the unemployment rate was unchanged at 5.5 per cent.

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