By rdnewsNOW staff

Tough times continue

Red Deer region unemployment climbs in February

Mar 6, 2020 | 10:17 AM

Red Deer’s unemployment rate jumped again last month and is the highest in the province.

The latest numbers released Friday by Statistics Canada show the local jobless rate in February climbed to 8.6 per cent – the highest since 8.0% in September – from 7.4 per cent in January.

The unemployment rate for the Red Deer region in February 2019 was 4.7 per cent.

Alberta’s jobless rate in February dropped by one-tenth of a per cent, from 7.3 in January to 7.2. The provincial unemployment rate in February 2019 was also 7.3 per cent.

Nationally, the unemployment rate in Canada nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February.

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Statistics Canada said most of the national gains were in full-time work, where there was an increase of 37,600 positions, while part-time employment declined by 7,300 compared to January.

(With file from The Canadian Press)