By rdnewsNOW staff

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Red Deer unemployment rate jumps in May

Jun 7, 2019 | 9:13 AM

RED DEER- The Red Deer and area unemployment rate climbed to 7.5% in May, a full percentage point from 6.5% in April.

The Alberta unemployment remained unchanged at 6.7%.

Nationally, Stats Canada says the economy added 27,700 jobs in May, while the unemployment rate fell to its lowest level since comparable data become available in 1976.

The national unemployment rate fell to 5.4 per cent, its lowest level since 1976, compared with 5.7 per cent in April as the number of people looking for work fell sharply.

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The better-than-expected increase in the number of jobs follows a record 106,500 jobs that were added in April.

The increase in jobs was made up entirely of full-time employment as there was no change in the number of part-time jobs.

(Gary McKinnon)