REALTORS® Association of South Central Alberta

Alberta Employment Trends

The unemployment rate in Alberta was 7.2% as of December 2024, down 0.3% from the previous month. The unemployment rate stood 7.4% below the peak from June 2020 but remains above the long-run average.

There were 24,200 more full-time jobs in December 2024 compared to a month earlier. An unchanged number of part-time positions led to an increase of 24,200 total jobs in December.

Full-time employment has recovered since reaching a bottom in October 2024 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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