Fort McMurray Real Estate Board

Alberta Employment Trends

The unemployment rate in Alberta was 7.3% as of August 2024, up 0.1% from the previous month. The unemployment rate stood 7.3% below the peak from June 2020 but remains above the long-run average.

There were 11,900 more full-time jobs in August 2024 compared to a month earlier. A loss of 5,100 part-time positions led to an increase of 6,800 total jobs in August.

Full-time employment was still down 4,200 jobs from the peak in April 2024 but stood 18,200 jobs above the trough in June 2024.

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


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