alberta employment rates: Jobless rate high but low. It's all perspective.
- 06/07/09 09:36 PM
Today headlines screamed "Edmonton Jobless rate a 12-year high" the jobless rate is almost double what it was last year this time at 6.6%. This is due to summer job seeking students and possibly an influx of new Albertans looking for work in what many think is the best place in Canada to get a job."The sharply rising labour market is a reflection that Alberta is still enjoying an inflow of interprovincial migrants. Canadians from other provinces are still regarding Alberta as one of the better places in the country to be looking for work." ATB Financial senior economist Todd HirschHowever, … (0 comments)
alberta employment rates: This And That
- 05/15/09 09:27 PM
Local bankers see thaw in economy Alberta the place to be to 'ride out' recession - "I'd rather be here in Alberta than anywhere else in the world right now to ride out this recession," said Garth Warner, chief executive of Servus Credit Union Alberta's jobless rate highest since 2002 - "Alberta gained 5,700 jobs in April but its unemployment rate still inched up to six per cent, according to figures released Friday by Statistics Canada. It’s the highest provincial rate since 2002.The increase in unemployment from 5.8 per cent in March despite job growth was attributed to the labour force … (0 comments)
alberta employment rates: This And That
- 03/30/09 08:00 PM
This Kind Of Reporting Stinks - Another fear mongering article. Talks about a couple who gave it all away to move to Alberta and wait... still have it. But what if they lost their jobs!!! Well it could happen but would they even have jobs in their own hometown? Cornwall wants them back but do they have the jobs to keep them? Continued next week.....Vegas takes a gamble - Canadians are thinking of Vegas. Sure they are who isn't when it's still -30 outside and the wrong side of March. Sure some Canadians may be thinking of buying down south but … (1 comments)
alberta employment rates: Tinker, Tailor, Seamstress, Beekeeper?
- 03/22/09 02:09 PM
Headlines scream Alberta is shedding jobs. With an unemployment rate of 5.4% Alberta is doing better than many countries in the world including Canada which hit a 7.7% unemployment rate in February. While Alberta gained 3,300 jobs in January 129,000 were lost across the country. Numbers look scary till you get the full story. Unemployment numbers increased in resource based jobs partially due to seasonality and to some projects being put on hold. Not all categories are being hit. In fact there are and will be shortages in many industries looming in the future. Tailors, dietitians, nutritionists, architects and beekeepers (yes beekeepers) are … (0 comments)
alberta employment rates: Crisis of the Mind
- 03/16/09 02:35 PM
Interesting times. This year and into next will be the good news, bad news routine. Until we (Canadians, Americans, consumers...) can make up our collective minds as to whether the economy is crashing or recovering we'll fluctuate from elation to despair.I read an interesting article about the psychology of the Japanese economy called 'Crisis of the Mind'. In a nutshell it is a change of thinking and implementation of new ideas that will decide how long or short, deep or shallow the current 'correction' will last.Here is an article titled 'Alberta To Shed Thousands of Jobs' - pretty scary title, but … (0 comments)
Today headlines screamed "Edmonton Jobless rate a 12-year high" the jobless rate is almost double what it was last year this time at 6.6%. This is due to summer job seeking students and possibly an influx of new Albertans looking for work in what many think is the best place in Canada to get a job."The sharply rising labour market is a reflection that Alberta is still enjoying an inflow of interprovincial migrants. Canadians from other provinces are still regarding Alberta as one of the better places in the country to be looking for work." ATB Financial senior economist Todd HirschHowever, … (0 comments)
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