Calgary registers 12,000 new full-time jobs in July

The unemployment rate in Alberta has fallen below the national limit for the first time since 2015

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Job growth in Alberta was flat in July, according to Statistics Canada, with the province adding just 300 net new jobs.

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The latest monthly labor survey shows that an increase in full-time jobs was offset by the loss of 14,700 part-time jobs across the province.

The change was enough to push the provincial unemployment rate below the national limit for the first time since 2015, to 4.8 percent. Calgary saw its rate drop to 5.0 percent, from 5.5, while Edmonton fell nearly a full percentage point to 5.1 percent.

“Another 15,000 full-time jobs is positive news. Both Edmonton and Calgary had strong months, with Edmonton seeing more than 3,000 new jobs and Calgary more than 12,000,” Alberta Jobs Secretary Doug Schweitzer said in a statement. Schweitzer, who previously said he would not stand for re-election, announced late Friday that he has resigned from the cabinet and will leave the UCP caucus at the end of August.

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“I am confident that our work to diversify and strengthen our economy will bring more opportunities to more Albertans in the coming months,” he said.

The opposition NDP said the government must do more to boost consumer confidence as inflationary pressures mount.

“Families struggle to keep food on the table, a roof over their heads and cover their monthly bills,” financial critic Shannon Phillips said Friday in response to a report by the Conference Board of Canada that showed consumer confidence in July had fallen by almost 14 points. down 20 points in June.

It found that less than 10 percent of Albertans are confident in their future finances.

“This UCP administration is making a bad situation worse by pouring even more monthly spending on Albertans,” Phillips said.

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“More income taxes, more property taxes, more tuition, more interest on student loans, more for utilities and more for auto insurance. These are all things that are under the control of the province and the UCP has chosen to make them more expensive.”

Inflation rose to 8.4 percent in Alberta in June, mainly due to the cost of fuel and utilities.

Treasury Secretary Jason Nixon said the government has already taken action by suspending the collection of the provincial 13-cent fuel tax and offering electricity discounts and future natural gas price cuts.

“There are many reasons to be optimistic about Alberta’s economy,” Nixon said in a statement, citing the province’s unemployment rate, population growth and economic forecasts.

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Nationally, the economy lost 31,000 jobs in July, which is the second consecutive month of job losses, according to StatsCan, as the national unemployment rate remained unchanged at an all-time low of 4.9 percent.

The survey reflects market conditions from July 10-16.

The Canadian job market remains exceptionally tight, with more than a million job openings across the country. The unemployment rate is the lowest on record, with comparable data going back to 1976.

Statistics Canada says that despite the labor shortage, there is no evidence of an increase in the number of people leaving or changing jobs.

With files from The Canadian Press

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