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2018 Annual Alberta Regional Labour Market Review

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Classification: Protected A Labour and Immigration, Government of Alberta August 2020 Annual Alberta Regional Labour Market Review ISBN 978-1-4601-4310-0 ISSN 2292-5333 © 2020 Government of Alberta Email: [email protected] For more information regarding this content visit: https://www.alberta.ca/labour-market-information.aspx 1 Annual Alberta Regional Labour Market Review | 2018 Table of Contents Table of Contents .......................................................................................................................................... ….2 Overview ........................................................................................................................................................ ….3 Regional Analysis ......................................................................................................................................... ….4 Wood Buffalo-Cold Lake .............................................................................................................................. ….7 Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River .............................. ….9 Edmonton ..................................................................................................................................................... ….11 Red Deer ....................................................................................................................................................... ….13 Calgary ......................................................................................................................................................... ….15 Camrose-Drumheller ................................................................................................................................... ….17 Lethbridge-Medicine Hat ............................................................................................................................ ….19 Appendix ...................................................................................................................................................... ….21 2 Annual Alberta Regional Labour Market Review | 2018 Overview Table 1 Labour Force Statistics, Canada and Provinces, 2018 In 2018, Alberta had Participation Employment Unemployment the highest Province Rate (%) Rate (%) Rate (%) participation rate Canada 65.4% 61.6% 5.8% Newfoundland and and employment 58.9% 50.8% 13.8% Labrador rate among all Prince Edward 66.8% 60.5% 9.4% Canadian provinces Island Nova Scotia 61.7% 57.1% 7.5% New Brunswick 61.3% 56.4% 8.0% In 2018, the employment rate in Alberta Quebec 64.6% 61.0% 5.5% was 67.2%, the highest in the country Ontario 64.5% 60.9% 5.6% and 5.6 percentage points higher than the Manitoba 67.2% 63.2% 6.0% national average1. Alberta’s participation Saskatchewan 68.7% 64.5% 6.1% rate was 71.9%, the highest in Canada Alberta 71.9% 67.2% 6.6% and 6.5 percentage points higher than the British Columbia 64.9% 61.8% 4.7% Canadian average. Alberta’s unemployment rate was 6.6%, higher than the national average by 0.8 percentage points (Table 1). Figure 1 Labour Force Statistics, Canada and Provinces, 2018 58.9% 50.8% 13.8 64.9% 71.9% 61.8% 68.7% 67.2% 67.2% 4.7% 64.5% 6.6% 63.2% 64.5% 64.6% 66.8% 6.1% 6.0% 60.9% 61.0% 60.5% 5.6% 5.5% Participation Rate 9.4% 61.3% Employment Rate 61.7% 56.4% 57.1% 8.0% Unemployment Rate 7.5% 1 Please see appendix for definitions. 3 Annual Alberta Regional Labour Market Review | 2018 Regional Analysis Figure 2 Alberta’s seven economic Alberta’s Seven Economic Regions regions: 1. Wood Buffalo - Cold Lake 2. Banff - Jasper - Rocky Mountain House and Athabasca - Grande Prairie - Peace River 3. Edmonton 4. Red Deer 1 5. Calgary 2 6. Camrose – Drumheller 7. Lethbridge – Medicine Hat 2,494,800 2,481,700 3 4 6 5 2017 2018 Alberta’s labour 7 force increased by over 13,100 Figure 3 Labour Force, Alberta’s Economic Regions, 2017 and 2018 88,300 Wood Buffalo-Cold Lake Alberta’s labour force increased by 0.5% 90,100 854,200 or 13,100 between 2017 and 2018. Three Edmonton 848,000 regions saw a decline in their labour force 126,300 Red Deer between 2017 and 2018: Wood Buffalo- 122,500 Cold Lake, down 2.0% or 1,800; Banff-Jasper-Rocky Mountain House and 201,100 Lethbridge-Medicine Hat, down 0.6% or Athabasca-Grande Prairie-Peace River 195,400 965,400 900; and Camrose-Drumheller, down Calgary 965,000 0.2% or 200. The labour force grew by 107,600 Camrose-Drumheller 6,200 in the Edmonton region, the largest 107,800 151,900 increase of the seven regions (Figure 3). Lethbridge-Medicine Hat 152,800 0 400,000 800,000 1,200,000 Labour Force 2018 2017 4 Annual Alberta Regional Labour Market Review | 2018 Between 2017 and 2018, unemployment Figure 4 in Alberta fell by 30,600. Unemployment Unemployment, Alberta’s Economic Regions, 2017 and 2018 fell in all seven regions in the province. 5,200 Wood Buffalo-Cold Lake The Edmonton region saw the largest 6,900 54,700 decrease in unemployment, at 14,100 or Edmonton 68,800 20.5%, followed by the Calgary region, at 6,900 Red Deer 7,800 or 9.7% (Figure 4). 8,500 Banff-Jasper-Rocky Mountain House and 11,200 Athabasca-Grande Prairie-Peace River 12,600 72,900 Calgary 80,700 In 2018, the 5,500 Camrose-Drumheller unemployment rate was 8,600 below 6.0% in five of the 7,800 Lethbridge-Medicine Hat seven regions 8,700 0 20,000 40,000 60,000 80,000 Unemployment 2018 2017 Alberta’s unemployment rate was 6.6% in 2018, down 1.2 percentage points from Figure 5 the previous year. Unemployment rates Unemployment Rate, Alberta’s Economic Regions, 2017 and 2018 fell in all seven regions, with the 5.9% Camrose-Drumheller region seeing the Wood Buffalo-Cold Lake 7.7% largest decrease, down 2.9 percentage 6.4% Edmonton points (Figure 5). 8.1% 5.5% Red Deer 6.9% In 2018, the Lethbridge-Medicine Hat and Banff-Jasper-Rocky Mountain House and 5.6% Athabasca-Grande Prairie-Peace River 6.4% Camrose-Drumheller regions had the 7.6% Calgary lowest unemployment rates in the 8.4% province, at 5.1%. 5.1% Camrose-Drumheller 8.0% 5.1% Lethbridge-Medicine Hat 5.7% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% Unemployment Rate 2018 2017 5 Annual Alberta Regional Labour Market Review | 2018 Between 2017 and 2018 employment Figure 6 increased by 43,800 in Alberta to Employment, Alberta’s Economic Regions, 2017 and 2018 2,330,700. Employment fell in one of the 83,100 Wood Buffalo-Cold Lake seven regions in the province: Wood 83,300 Buffalo-Cold Lake had an employment 799,500 Edmonton 779,300 decrease of 200 or 0.2%. The Edmonton 119,500 region had the largest increase in Red Deer 114,000 employment at 20,200 or 2.6% (Figure 6). Banff-Jasper-Rocky Mountain House and 189,900 Athabasca-Grande Prairie-Peace River 182,700 892,500 Calgary 2,330,700 884,300 102,100 Camrose-Drumheller 99,300 2,286,900 144,000 Lethbridge-Medicine Hat 144,000 2017 2018 0 200,000 400,000 600,000 800,000 1,000,000 Employment Employment 2018 2017 increased by Figure 7 43,800 in Alberta Full-Time Employment, Alberta’s Economic Regions, 2017 and 2018 73,800 Wood Buffalo-Cold Lake 73,200 658,500 Edmonton Between 2017 and 2018 full-time 639,500 96,000 employment increased by 50,800 in Red Deer 89,500 Alberta to 1,916,300. Full-time Banff-Jasper-Rocky Mountain House and 159,100 employment increased in all seven Athabasca-Grande Prairie-Peace River 150,100 731,100 regions: Edmonton had the largest full- Calgary 719,400 time employment increase at 19,000 or 81,500 Camrose-Drumheller 78,900 3.0%, followed by the Calgary region with 116,300 an increase of 11,700 or 1.6% (Figure 7). Lethbridge-Medicine Hat 114,900 0 200,000 400,000 600,000 800,000 Full-time Employment 2018 2017 6 Annual Alberta Regional Labour Market Review | 2018 Wood Buffalo-Cold Lake In 2018, the region’s participation rate, at 76.8%, was the highest among all regions The Wood Buffalo-Cold Lake region saw a 24.6% decrease in unemployment Table 2 Wood Buffalo-Cold Lake between 2017 and 2018. Employment in Economic Region, Labour Force Statistics the region fell by 0.2% in 2018 compared 2017 2018 Change to 2017, decreasing from 83,300 in 2017 Working Age Population 117,500 115,000 -2.1% to 83,100 in 2018. The participation rate Labour force 90,100 88,300 -2.0% was 76.8% in 2018, the highest among the seven regions (Table 2). Employment 83,300 83,100 -0.2% Unemployment 6,900 5,200 -24.6% Unemployment rate 7.7% 5.9% -1.8 pp Participation rate 76.7% 76.8% 0.1 pp The region had the highest employment rate at 72.3% Figure 8 Wood Buffalo-Cold Lake Economic Region, Unemployment Rate 2017-2018 Unadjusted 3-Month Moving Average Figure 8 displays the unadjusted three- 10% month moving average unemployment 9% rates for the Wood Buffalo-Cold Lake 8% 7% region in 2017 and 2018. The 6% unemployment rate for this region was 5% lower in 2018 than the previous year. 4% 3% The 2018 annual unemployment rate for 2% the Wood Buffalo-Cold Lake region was 1% 0% 5.9%. This was 1.8 percentage points Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec lower than in 2017. Starting July 2018 the 2017 9.1% 9.1% 9.1% 8.6% 8.3% 7.7% 7.4% 7.7% 7.3% 6.9% 6.4% 6.2% monthly unemployment rate was steadily 2018 6.3% 6.0% 5.7% 6.0% 6.4% 6.5% 6.3% 6.0% 5.9% 5.5% 5.3% 5.1% decreasing (Figure 8). 7 Annual Alberta Regional Labour Market Review | 2018 The Other Services industry had the highest year-over-year increase in Table 3 Wood Buffalo-Cold Lake, Alberta Economic Region, Employment Statistics employment Change Industry* 2018 2017 from 2017 Agriculture 1,700 ** ** Forestry, Fishing, Mining, Quarrying, 21,600 21,400 200 Table 3 shows the change in Goods- Oil and Gas Producing employment by industry between Sector Utilities ** ** ** 2017 and 2018 in the Wood Buffalo- Construction 9,000 9,000 0 Cold Lake region. Employment rose Manufacturing ** 1,600 ** in the Goods-Producing sector by Trade 9,500 10,300 -800 100 and fell in the Services- Transportation and Warehousing 4,800 4,900 -100 Producing sector by 200 between Finance, Insurance, Real Estate and 2017 and 2018.
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  • ROCKY MOUNTAIN HOUSE - SYLVAN LAKE - Red Deer

    ROCKY MOUNTAIN HOUSE - SYLVAN LAKE - Red Deer

    TOLL FREE - 1-800-232-1958 ROCKY MOUNTAIN HOUSE - SYLVAN LAKE - REd dEER Rocky Red deer Mountain Sylvan House Lake Red Arrow Motorcoach “a partner in environmental sustainability". Connecting you to Alberta! Red Arrow Motorcoach and Red Arrow Connector are part of a network of quality bus providers connecting residents to Alberta destinations. Whether your travel takes you to Fort McMurray, Athabasca, Peace River, Jasper, Edson, Hinton, Banff, Lake Louise, Medicine Hat, Lethbridge, Brooks, Calgary, Edmonton or St. Albert visit our Website for all Alberta destinations served or ...one call does it all! Book Online at www.albertabus.com or call TOLL FREE 1-800-552-2287 Book ONLINE today Effective June 25, 2012 TOLL FREE - 1-800-232-1958 Rocky Mtn House Sylvan Lake - Red deer Mon - Wed - Fri Monday to Friday - Morning departures depart depart arrive Chateau Visitor Information Community Canadian Red Deer Sorensen Station Red Deer Bower Holiday Petro Canada Suites Center Center Tire College (Downtown) Regional Hospital Mall Inn 6:05 6:50 6:50 6:55 7:00 7:25 7:30 7:35 7:40 7:45 8:20 8:20 8:25 8:30 8:55 9:00 9:05 9:10 9:15 Note: Bower Mall Monday to Friday - Afternoon departures Pick Up & Drop Off depart arrive Chateau Visitor Information Community Canadian Holiday Bower Red Deer Sorensen Station Red Deer Bay entrance off Suites Center Center Tire Inn Mall Regional Hospital (Downtown) College Gaetz Avenue 16:50 16:50 16:55 17:00 17:20 17:25 17:30 17:35 17:40 saturday † †NOTE depart arrive Chateau Visitor Information Community Canadian Holiday Bower Red Deer Sorensen Station Red Deer The sylvan lake - red deer saturday Suites Center Center Tire Inn Mall Regional Hospital (Downtown) College connector is a summer service, 11:05 11:05 11:10 11:15 11:35 11:40 11:45 11:50 11:55 which will operate from June 25th to 12:45 12:45 12:50 12:55 13:15 13:20 13:25 13:30 13:35 september 3rd, 2012.