Calgary region sees impressive job gains in May

Employment rose by 6,700 month-over-month and by 34,400 year-over-year. Unemployment rate in the region fell from 7.6% to 7%.

The labour market in the Calgary region showed some impressive and positive gains in May, according to data released Friday by Statistics Canada.

The federal agency said in its monthly Labour Force Survey that employment in the Calgary census metropolitan area rose by 6,700 month-over-month and by 34,400 year-over-year as the unemployment rate in the region fell from 7.6 per cent to 7.0 per cent.

In the Edmonton census metropolitan area, employment was down 1,100 on a monthly basis but up 27,400 on an annual basis as the unemployment rate in May dropped to 6.8 per cent from 6.9 per cent the previous month.

calgary job gains
Unemployment rate fell from 7.6% to 7%.

Overall in Alberta, employment was down 2,200 positions in May. However, compared to a year ago it rose by 20,100 positions and the unemployment rate held steady at 6.7 per cent.

In the province, the labour market situation is really a story about the difference between full-time and part-time positions. Full-time jobs in the province were down 21,300 in May and by 6,300 year-over-year while part-time jobs were up 19,000 from the previous month and by 26,300 from a year ago.

Nationally, StatsCan said employment held steady in May with an increase of 27,700 positions. The unemployment rate was down 0.3 percentage points to 5.4 per cent, as the number of people looking for work decreased sharply following little change over the previous three months. The unemployment rate in May was the lowest since comparable data became available in 1976.

Compared with May 2018, employment grew by 453,100.

StatsCan, in releasing its monthly data, pointed out an interesting trend across the country.

“Following little change in the previous three months, the number of self-employed workers rose by 62,000 in May, while the number of employees in the public and private sectors was little changed.

Compared with 12 months earlier, the number of self-employed rose by 93,000 (+3.3 per cent). Over the same period, the number of private sector employees grew by 335,000 (+2.8 per cent), while there was little change in the number of public sector employees,” it said.

– Mario Toneguzzi for Calgary’s Business

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