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JOBLESS RATE

Alberta unemployment rate lower in first month of 2022 while national jobless rate increases

Feb 4, 2022 | 11:08 AM

Increases in the Alberta labour force, and the number of people employed in the province have led to a slight decrease in the provincial unemployment rate.

Alberta’s unemployment rate sat at 7.2 percent in January, compared to 7.5 percent to end 2021.

The Alberta labour force increased by 1,500 and employment in the province increased by 7,000 people when compared to December numbers.

The news was not as positive on the national front, as the jobless rate increased to 6.5 percent from 6.0 percent in December.

Statistics Canada says the national economy lost 200,000 jobs in January, marking the largest drop since January 2021, when the economy shed 207,800 jobs.

Stricter public health rules put in place to slow the spread of the Omicron COVID-19 variant are blamed for the steep job losses.

No local numbers were provided from the province.

with files from the Canadian Press.