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Ward 1 News: Labour Market Review - March 2016

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Corporate Economics


March 2016
Labour Market Review

The March 2016 Labour Force Survey data for the Calgary Economic Region (CER) shows the following:
• From February to March 2016, total employment was little changed (+300), gains in full-time (+3,600) were offset by losses in part-time (-3,300). Year-over-year, total employment decreased by 21,700, mainly in the Transportation and Warehousing (-22,500) and Manufacturing (-12,500). This was in sharp contrast to Edmonton, where the local economy was also hit hard by low oil prices but jobs related to oil-sands productions were more stable.
• Calgary’s unemployment rate was 8.8 per cent, higher than the 7.2 per cent in Edmonton, 8.0 per cent in Alberta and 7.6 per cent in Canada.
• Calgary’s hourly wage inflation was 2.7 per cent, down from 5 per cent the same time last year.

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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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