Thursday, August 09, 2007

Edmonton Leads In Employment Growth

Edmonton leads the nation in highest year over year employment growth from June 2006 to June 2007.

"In terms of year-over-year employment growth, Edmonton (+7.0%) is currently the front runner, followed by Saskatoon (+6.4%) and Abbotsford (+5.7%). Montréal (+3.3%) is currently creating jobs faster that both Vancouver (+2.8%) and Toronto (+2.0%). Two cities known for their government employment are recording job losses, Ottawa-Gatineau (-1.3%) and Québec City (-1.5%)." Alex Carrick - Chief Economist, CanaData

The city is has had increasing demand for skilled labour for the Alberta Oil Sands and the province's outstanding economy.

Edmonton ranked third in Canada for jobless rate, Victoria, B.C and Calgary, AB were first and second.

"On the jobless front, Victoria (3.2%) is leading the nation with an exceptionally low unemployment rate, followed closely by Alberta’s two major centres, Calgary (3.5%) and Edmonton (3.8%). Saguenay and Windsor (auto sector layoffs) have the highest unemployment rates at this time (9.0% and 9.4% respectively." Alex Carrick.

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