Investor Presentaiton
Working in Alberta
Labour Market
Between 1990 and 2015, Alberta's unemployment rate was one of the three
lowest of all the provinces in Canada.
From 2010 to 2015, Alberta's unemployment rate averaged 5.3 per cent,
compared to 6.8 per cent in British Columbia and 7.7 per cent in Ontario
over the same period. In 2016, Alberta's unemployment rate had risen to
8.1 per cent, higher than the Canadian average of 7.0 per cent.
Although Alberta's unemployment rate has risen from historical lows to
rates that are currently higher than what economists typically generalize
as a balanced labour market, Alberta is expected to have a balanced
labour market once the current slowdown ends.
Alberta has a dedicated work force: in 2016 full-time workers in Alberta
were absent from work for an average 7.5 days compared with 9.5 days for
the average Canadian worker.
Alberta
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