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Ward 1 News: Labour Market Review May 2016

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Ward 1 official website 

May 2016
Labour Market Review
Highlights

 

• From April to May 2016, total employment increased slightly (+3,100). Year-over-year, total employment declined by 32,400 persons.
• Calgary’s unemployment rate was 8.4 per cent in May, compared to 8 per cent in Alberta and 7.4 per cent in Canada.
• EI beneficiaries in the Calgary CMA increased to 22,130 in March 2016, up from the low of 9,460 in August 2014. Whereas, during last downturn it took only ten months for the number of EI beneficiaries to increase from the low of 6,150 in September 2008 to the peak of 25,090 in July 2009.
• Total employment in the Calgary CMA declined by 36,500 year-over-year. As a result, the total weekly wage income declined by $14 million, or 1.8 per cent.

 

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