Alberta's unemployment continues to decrease

The unemployment rate is the lowest on record with comparable data going back to 1976.

Alberta's unemployment continues to drop over the last month.

According to Stats Canada, Alberta had a unemployment rate of 4.8 per cent, down just one-tenth of a percentage point from June when it sat at 4.9 per cent.

In Calgary, unemployment fell to 5 per cent in July from 5.5 per cent the month before. Edmonton's unemployment rate, meanwhile, plunged to 5.1 per cent in July compared to 5.9% in June.

Nationally, the unemployment rate stayed a historic low of 4.9% remaining unchanged from June as the country continues to face a labour shortage.

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