Medicine Hat Real Estate Board

Alberta Employment Trends

The unemployment rate in Alberta was 7.5% as of October 2024, unchanged from the previous month. The unemployment rate stood 7.1% below the peak in June 2020 but remains above the long-run average.

There were 1,600 fewer full-time jobs in October 2024 compared to a month earlier. A gain of 7,700 part-time positions led to an increase of 6,100 total jobs in October.

Full-time employment was still down 1,600 jobs from the peak in September 2024.

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


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