By rdnewsNOW staff

Slight jump in Red Deer area April unemployment rate

May 11, 2018 | 8:26 AM

RED DEER- Statistics Canada numbers show the Red Deer area unemployment rate in April stood at 5.1%.

That is up slightly from 4.9% in March.

The unemployment rate in April of 2017 was 9.7%.

The Alberta rate also rose from 6.3% to 6.7%.

Nationally, Stats Canada is reporting the loss of just 11-hundred jobs last month — a decline so small the agency did not consider it statistically significant.

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The economy produced 28-thousand, 800 full-time jobs last month and shed 30-thousand part-time positions.

The unemployment rate held steady at 5.8 per cent for a third-straight month.

Wage growth hit its highest level in nearly six years, with a 3.6 per cent increase over 2017. 

(Gary McKinnon – The Canadian Press)