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HomeNewsLloydminster unemployment falls in Sask., rises in Alberta

Lloydminster unemployment falls in Sask., rises in Alberta

Unemployment rates moved in opposite directions for the two economic regions that account for Lloydminster.

According to Statistics Canada, the Prince Albert and North region dropped to 7.2 per cent in October, down from 8 per cent in the previous month. The region has the second highest unemployment rate in the province with the Saskatoon-Bigger area having the highest at 7.9 per cent.

Provincially, Saskatchewan saw a small drop in unemployment and had a rate of 6.4 per cent, down from 6.8. The province lost 1,600 jobs, but gained employment in part-time work.

In the Camrose-Drumheller region, the rate was 12.6 per cent, a small increase from 12.4 in September. It is the highest jobless rate in the province.

Overall, the Alberta unemployment rate dropped a full percentage point to 10.7 per cent for the month of October as another 23,400 jobs were added to the economy.

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The national jobless rate also saw a slight drop to 8.9 per cent as over 83,000 people joined the workforce.

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