Unemployment rate still high for Red Deer region, but positivity emerging
Despite having the highest unemployment rate in the province once again this month, the Red Deer economic region is seeing some positive signs in its local labour market.
According to the latest Labour Force Survey released by Statistics Canada on Friday, the Red Deer economic region had an unemployment rate of 10.2 per cent in July – the highest rate among economic regions in Alberta last month and the same rate seen in June.
That compares with an unemployment rate of 9.7 per cent in the Calgary region last month, 9.0 per cent in the Edmonton region, 8.2 per cent in Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River, 7.2 per cent in Camrose-Drumheller, 6.2 per cent in the Wood Buffalo-Cold Lake region, and 4.4 per cent in the Lethbridge-Medicine Hat region.
The Red Deer region’s unemployment rate in July, however, is down significantly from the 14.2 per cent unemployment rate seen in the same month last year.


