August 2015 - Labour Market Review
Today’s publication of the seasonally unadjusted data from Statistics Canada’s August 2015 Labour Force Survey for the Calgary Economic Region (CER) showed that:
• Employment decreased by 1,300 people from July 2015, but has increased by 17,500 people from August 2014.
• The unemployment rate increased from 6.8 per cent in July 2015 to 6.9 per cent in August.
Other Highlights from this month’s review
• New Statistics Canada survey indicates that Alberta had the highest job vacancy rate of any Canadian province in the first quarter of this year.
• A high CER job vacancy rate in the first quarter provided support for strong job growth in the second quarter.
• The second quarter ended with acceleration in the number of CER employment insurance beneficiaries. Does this portend third quarter job market weakness?
• Labour market weakness outside the CER and lower demand for goods and services within are lifting the unemployment rate to very high levels in the third quarter.
View the rest of the report
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