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Unemployment rates slightly drop on both sides of Lloydminster

Residents on both sides of the Border City continue to find jobs causing a slight drop in this month’s unemployment rates. Despite the increase in jobs, the Alberta side sits 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 by a wide margin of two or more percentage points. The region saw its unemployment rate fall to 3.7 per cent last month from 4.3 per cent in October. That rate is not adjusted for seasonal employment.

Across the border, the Prince Albert and Northern region in Saskatchewan found more jobs in November dropping slightly from the previous month. The region sat at 5.7 per cent, unadjusted for seasonality which is a 0.4 per cent drop from October. The region has had the highest unemployment rate in the province for the past seven months.

Overall, employment in Alberta dropped in a number of industries, led by wholesale and retail trade. Jobless rates in Saskatchewan over the past three months continues to stay steady.

Nationally, employment fell by 71,000 in November after holding steady in October. The unemployment rate rose to 5.9 per cent from 5.5 per cent last month.

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