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Red Deer unemployment rate remains at 10.2 per cent

Red Deer had the same unemployment rate in June as it did in May.

The city’s unemployment rate remained at 10.2 per cent, according to information provided by Statistics Canada Friday. Employment rose by 1,200 and the labour force rose by 1,400 in Red Deer this past month. The unemployment rate is favourable compared to June 2020, when it was 13.6 per cent.

Alberta’s seasonally adjusted unemployment rate was 9.3 per cent in June, which is a 0.6 percentage point increase from the previous month and a 6.5 percentage points decrease from June 2020, according to the Alberta Labour Force.

The province’s unemployment rate was tied for third highest in Canada with New Brunswick, after Newfoundland and Labrador’s 13.0 per cent and Prince Edward Island’s 12.5 per cent. The national rate was 7.8 per cent, down 0.4 percentage points from the previous month.

Alberta’s unemployment rate increased because the labour force increased by 16,800 and employment decreased by about 200 from the previous month, the Alberta Labour Force explained in its statistical highlights package for June.

Full-time employment decreased by 37,000 while part-time employment increased by 36,800 over the same period.

Between June 2020 and June 2021, employment increased by 171,400. The number of unemployed Albertans decreased by 154,700 over the same period.

Year-over-year, employment gains were led by the private sector at 146,700. Public sector employment increased by 37,600 while self-employment decreased by 12,900 over the same period.

The industries that had the most employment decreases in June were construction (14,700), health care and social assistance (10,000), and transportation and warehousing (7,100). Industries that had the most employment gains were accommodation and food services (32,000), other services except public administration (9,900) and education services (5,200).

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