No change in Peace Region unemployment rate for October
The unemployment rate for the area that includes Grande Prairie and the Peace Region saw no change on a month-over-month basis.
The region, which also includes Banff, Jasper, Rocky Mountain House and Athabasca saw unemployment remain at 7.1 per cent for October, the same as September.
While unemployment from September to October didn’t see any change, there was a bit of a difference in the Grande Prairie region on a year-over-year basis, when unemployment sat at 10.9 per cent in October of 2020.
Across Alberta, unemployment dropped slightly to 7.6 per cent. Compared to this time last year, unemployment in Alberta has dropped by 3.2 per cent.