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By Curtis Galbraith
Economy

Unemployment rate drops in October in economic region that takes in the Peace

Nov 6, 2026 | 2:36 PM

Numbers posted on the provincial government’s website say that the unemployment rate for the area that takes in the Peace Region was at 5.6. per cent in October.  

That works out to 11,000 people actively looking for a job who don’t already have one.  The total number of people in the labour force was 195,300.

It is also down from the 6.3 per cent recorded in September. 

There were 184,300 people working in the region that also takes in Banff, Jasper, Rocky Mountain House and Athabasca last month. 

Sales and service jobs employed the most people, followed by trades, transport and equipment operators and business, finance and administration. 

The biggest employers by industry are wholesale and retail trade; forestry, fishing, mining, quarrying and oil and gas; and health care and social assistance.

Alberta’s unemployment rate rose to 7.3 per cent last month from 6.4 per cent the month before.

 The unemployment rate across Canada last month was 6.7 percent.

by Curtis Galbraith