Unemployment in Calgary decreased slightly to 10 per cent in March, after two months of remaining stagnant at 10.6 per cent.
Calgary shed 900 jobs last month, but also saw its labour force shrink by 7,200 people, resulting in the slight decrease in the overall unemployment rate. Labour force shrinkage can be attributed to different factors, including eligible workers retiring from the workforce or pursuing education.
Alberta’s unemployment rate decreased by 0.8 percentage points to 9.1 per cent in March, compared with 9.9 per cent in February. The national rate decreased by 0.7 percentage points to 7.5 per cent.
The Educational Services sector saw the strongest gains last month with 3,000 jobs added. The Other Services sector, which includes repair and maintenance, personal and household goods repair and maintenance, personal care services, and funeral services, gained 900 jobs in March. Over the same period, the Construction sector saw the most losses, losing 3,400 jobs.
You can find the full Labour Force Survey results for March here.