Calgary labour market remains relatively stable, sees high participation rate despite national job turmoil

Jobless numbers in Alberta were nearly the highest in Canada, with younger workers among the hardest hit in a country grappling with the uncertainty of a tariff war launched by the U.S.

Those are the conclusions being drawn from a Statistics Canada labour force survey that shows the country lost 66,000 jobs in August, 14,000 of those in Alberta, whose unemployment rate jumped by 0.6 points from July to 8.4 per cent, second only to Newfoundland and Labrador. In neighbouring Saskatchewan, the jobless figure was 4.7 per cent while in B.C., it was 6.2 per cent.

None of those numbers should come as a surprise, said University of Calgary economist Trevor Tombe.

“We’ve been anticipating

See Full Page