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Near 3 per cent decline in unemployment on Alberta side of Lloydminster

The job numbers from Statistics Canada for January are showing about a three per cent drop in unemployment on the Alberta side of the Border City.

The Camrose-Drumheller region which includes Lloydminster shows a decline from 8.8 per cent in December to 6.2 per cent at the end of the first month of 2022.

In the Prince Albert and Northern, Saskatchewan region which houses the Saskatchewan side of Lloydminster, there was a slight uptick from 5.1 per cent in December to 5.4 per cent at the end of January.

In Saskatchewan, overall the month-to-month seasonally adjusted employment increased by 3,900, an increase of 0.7 per cent which officials say is the highest among provinces in terms of percentage change. As well, they note that Saskatchewan added 24,600 jobs, an increase of 4.6 per cent, compared to January 2021. Of these jobs 21,100 were full-time.

Alberta officials say its unemployment rate has gone from 10.8 per cent in January of last year to 7.2 per cent last month. They add that about 130,000 new jobs were created in that time period.

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