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Ward 1 News: January 2016 Labour Market Review

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Ward 1 official website January 2016 - Labour Market Review Highlights

The seasonally unadjusted 3-month-moving-average for the Calgary Economic Region (CER) in January 2016 shows the following:

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• From December 2015 to January 2016, total employment decreased by 5,600 positions, 1,900 in full-time and 3,800 in part-time. The unemployment rate was 7.6 per cent in the CER, compared to 7.0 per cent in Alberta and 6.9 per cent in Canada. This is the first time since March 2001 that Calgary’s unemployment rate was higher than most of the Economic Regions.

• From January 2015 to January 2016, total employment decreased by 19,400. Full-time job losses (-36,600) were partially offset by gains in part-time (+17,300). Total EI beneficiaries in Calgary CMA increased to 20,270 persons in November 2015, more than double the number a year ago.

• Calgary’s average hourly wage rate was $30.18 per hour, up from $29.75 in January 2015. The wage inflation rate in January 2016 was 1.4 per cent, compared to 4.8 per cent for the same time last year.

 

View the rest of the report here.

 




This content represents the personal views and opinions of the Councillor and should not be taken as a statement of policy of The City of Calgary. The inclusion of any external content does not imply endorsement by The City of Calgary.

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