Alberta Employment Trends

The unemployment rate in Alberta was 7.2% as of July 2024, up 0.1% from the previous month. The unemployment rate stood 7.4% below the peak from June 2020 but remains above the long-run average.

There were 6,300 more full-time jobs in July 2024 compared to a month earlier. A loss of 10,600 part-time positions led to a decrease of 4,300 total jobs in July.

Full-time employment was still down 16,100 jobs from the peak in April 2024 but stood 6,300 jobs above the trough in June 2024.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.

The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Alberta Employment Trends. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Alberta Employment Trends assumes any responsibility or liability. Copyright ©2024. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

Alberta Real Estate Association