Alberta economic snapshot for September 14, 2013

CALGARY, AB, Sep 14, 2013/ Troy Media/ – Canada’s job market has been fairly soft in 2013, with the national unemployment rate still hovering above 7 per cent. It’s even more difficult for young people, where unemployment is nearly double at 14.1 per cent. But as is the case with most job seekers, young people may want to consider a move to Alberta.

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Alberta economic snapshot for July 13, 2013

CALGARY, AB, Jul 13, 2013/ Troy Media/ – Among the provinces, Alberta has the fastest growing population. The strong economy continues to attract thousands of people from other provinces and countries. But there is a type of population growth that is also driving our province’s rapid expansion – and this requires no one to pack up and move.

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Alberta economic snapshot for April 27, 2013

CALGARY, AB, Apr. 27, 2013/ Troy Media/ – Our neighbour Saskatchewan may surpass Alberta this year as the fastest growing provincial economy. And for several quarters in a row, we seemed to be losing people to the good job opportunities there. But this trend may now be reversing, with the flow of migrants once again shifting in favour of wild rose country.

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Alberta economic snapshot for April 20, 2013

CALGARY, AB, Apr. 20, 2013/ Troy Media/ – With some central banks around the world busy printing money, some observers have been fearful of global inflation. But in Canada, inflation remains well below any sort of danger level – at least for now.

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Alberta economic snapshot for February 23, 2013

CALGARY, AB, Feb. 23, 2013/ Troy Media/ – Maybe it was the hockey lockout, or maybe just the cold weather. Whatever the reason, Albertans seemed to be in little mood in December for one of their favourite pastimes: shopping.

According to Statistics Canada, total retail sales in the province slumped to $5.712 billion in the last month of 2012, a 2.5 per cent dip from November and the second consecutive decrease. Compared to December of the previous year, total sales are higher by 1.9 per cent. The figures are adjusted for seasonal variation, so any of the effects of Christmas shopping are accounted for.

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Alberta economic snapshot for February 9, 2013

CALGARY, AB, Feb. 9, 2013/ Troy Media/ – The monthly Labour Force Survey from Statistics Canada is a closely watched gauge of how well the economy is performing, and yesterday’s report did not disappoint in Alberta.

After a one-month pullback in December, the provincial job market rebounded with a gain of 9,700 new positions in January (seasonally adjusted). Even better, almost all of these (8,600) were in full-time positions. Because more people entered the workforce – many of them new arrivals from other provinces – the unemployment rate remained unchanged at 4.5 per cent.

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