February unemployment unchanged from January, drops provincially and nationally

The census region covering the Wood Buffalo and Cold Lake area had an unemployment rate of 9.4 per cent this past January and February. To compare, unemployment was 5.8 per cent in February 2020. When COVID-19 lockdowns began in March, unemployment was  6.3 per cent. Unemployment during the pandemic peaked in July with 11.9 per cent.

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