Edmonton Employment Trends
The unemployment rate in Edmonton was 5.4% as of December 2022, down 0.1% from the previous month. The unemployment rate stood 10.5% below the peak from June 2020 and is below the long-run average.
There were 3,000 more full-time jobs in December 2022 compared to a month earlier. A gain of 3,400 part-time positions led to an increase of 6,400 total jobs in December.
Full-time employment was still down 29,500 jobs from the peak in July 2022 but stood 3,000 jobs above the trough in November 2022.
The number of full-time jobs in December was up from the previous month in agriculture, construction, transportation & warehousing, professional & scientific services, business & building services, healthcare, information & cultural services, and accommodation & food services.
Full-time job losses in December occurred in natural resources, utilities, manufacturing, trade services, the financial sector, education, and public administration.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.