Calgary Real Estate Board – CREB®

Calgary Employment Trends

The unemployment rate in Calgary was 5.8% as of January 2024, unchanged from the previous month. The unemployment rate stood 9.7% below the peak in June 2020 and is below the long-run average.

There were 7,800 more full-time jobs in January 2024 compared to a month earlier. A gain of 1,400 part-time positions led to an increase of 9,200 total jobs in January.

Full-time employment was still down 28,400 jobs from the peak in August 2023 but stood 7,800 jobs above the trough in December 2023.

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


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