Unemployment rose slightly for Grande Prairie economic region
Statistics Canada reported Alberta’s unemployment rate held steady this month at 6.7 per cent; however, that wasn’t the case for the local economy.
In the Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River economic region, unemployment rose by 0.7 per cent in the new year, from 3.7 per cent to 4.4.
The employment rate did also fall slightly by 1.3 per cent for the economic region that includes Grande Prairie, as at the end of 2024 it sat at 67.6 per cent, and now rests at 66.3 per cent.
Across the province, there was a major shift away from full-time employment as those positions declined by 21,400. At the same time, the number of part-time jobs rose by 17,100.