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Unemployment in Red Deer region hits rock-bottom low

Unemployment in the Red Deer region has tumbled to a rock-bottom 2.5 per cent, according to June labour force numbers compiled by Statistics Canada.

Unemployment in the Red Deer region has tumbled to a rock-bottom 2.5 per cent, according to June labour force numbers compiled by Statistics Canada.

The local jobless rate, which is down from 3.5 per cent in May and 5.8 per cent a year ago, is the lowest in Alberta.

The Camrose-Drumheller and Athabasca-Grande Prairie regions each had an unemployment rate of 3.6 per cent, with Wood Buffalo-Cold Lake at 4.1 per cent, Lethbridge-Medicine Hat at 4.7 per cent, and Calgary and Edmonton both at 5.4 per cent.

Data for Banff-Jasper-Rocky Mountain House was not available.

The seasonally adjusted unemployment rate for Alberta was 4.9 per cent, up 0.3 percentage points from May but down 0.2 percentage points from last June.

That rate was the second lowest in Canada, behind Saskatchewan’s 3.9 per cent.

The national rate was 7.1 per cent, an increase of 0.1 percentage points from the previous month.

Alberta’s labour force grew by 17,300 people last month, while employment increased by 9,400 positions.

During the past year, employment in the province has jumped by 81,800 positions, or 3.7 per cent. That includes 53,400 full-time jobs and 28,400 part-time positions.