I suspect that Calgary's labour force increasing while Edmonton's has been decreasing is to do with age demographics. Calgary has had higher birth numbers over the past years, and every month a new batch of 15 year olds turn up, that is a higher number than in Edmonton. Also Calgary has traditionally had a smaller population of people in the 60's who are dropping out of the labour force (though I haven't seen those numbers recently)
You are dead on about the numbers for Alberta picking up equalling the drop for Edmonton. Edmonton has a greater relationship with oil and gas jobs in the field and smaller centres. It's really common to se people moving to and from Edmonton from those smaller centres. Last year's stascan estimates showed some of the northern census divisions losing intra-provincial migration while Edmonton gained, that was highly likely a lot of people moving from places like Fort Mac to Edmonton, whereas this last month, is probably a reversal of some of that. I've seen the cycle happen first hand over the years.
You are dead on about the numbers for Alberta picking up equalling the drop for Edmonton. Edmonton has a greater relationship with oil and gas jobs in the field and smaller centres. It's really common to se people moving to and from Edmonton from those smaller centres. Last year's stascan estimates showed some of the northern census divisions losing intra-provincial migration while Edmonton gained, that was highly likely a lot of people moving from places like Fort Mac to Edmonton, whereas this last month, is probably a reversal of some of that. I've seen the cycle happen first hand over the years.
The March LFS is out. The headlines this morning were all about full-time employment growth so I was hoping we might be in on that. Sadly it wasn't to be. Things were pretty flat for us.
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The city still grew based on the estimates, but we lost employment and gained unemployment. Both by fairly small margins. The result was a fairly substantial bump in the overall unemployment percentage back above 8%. It hasn't been that high since October. There are a few faint silver linings I guess. The participation rate remained where it was and based on the unadjusted numbers, most of the employment losses might have been part-time rather than full time. Though there were losses for both.
Pretty blah month all told. I wonder if the weather played a part? Golf courses and agriculture related businesses are probably getting started late.
Edmonton's story is pretty similar to last month unfortunately for them. The unemployment rate dropped, but so did the labour force as a whole. The continued to lose jobs while improving their unemployment rate. This is actually their 3rd consecutive month of employment decreases since peaking back in Decemeber.
Alberta as a whole looks a little brighter. The labour force shrank, but equal to the amount that Edmonton did interestingly. Employment was up, unemployment was down and the unmployment rate declined, but so did the participation rate. More good than bad in there I'd say. The number I always want to see the most is Employment trending in the right direction and it is, at least provincially.
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