Alberta Real Estate Association

Alberta Employment Trends

The unemployment rate in Alberta was 6.2% as of January 2024, up 0.2% from the previous month. The unemployment rate stood 8.4% below the peak from June 2020 and is on par with the long-run average.

There were 6,700 more full-time jobs in January 2024 compared to a month earlier. A gain of 2,600 part-time positions led to an increase of 9,300 total jobs in January.

Full-time employment has recovered since reaching a bottom in November 2023 and now stands at a record high.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.

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