â–º Listen Live

Unemployment Up to 7.7% in Wood Buffalo – Cold Lake Region

While Canada’s unemployment rate has dropped to levels not seen since 2008, Alberta – and the Lakeland in particular – isn’t feeling the good times quite yet.

Unemployment in the Wood Buffalo – Cold Lake region shot up a third of a percent in August from July to 7.7 percent.

Canada’s unemployment rate has dropped to its lowest level in nine years. It dipped 0.1 per cent in August to 6.2 per cent. Statistics Canada says the economy lost 88,000 full-time positions, but that was offset by the creation of 110,000 part-time jobs.

In Alberta, the unemployment rate was 8.1 per cent in August, up from 7.8 per cent in July. It’s still lower than a year ago, when the rate was 8.5 per cent.

- Advertisement -

Related Articles

- Advertisement -

Latest News

Heat warning issued for the Lakeland region

Environment Canada has issued a heat warning for the Lakeland, with daytime highs expected to reach 29°C and overnight lows near 14°C for the next two days.

Cold Lake is set to go big for Canada Day with a full day of events

Cold Lake is getting ready to celebrate Canada Day with a lineup of family fun, entertainment, and fireworks on July 1.

RCAF CF-18 to flyby Cold Lake on July 1

With the weather pitching in for Canada Day, expect the roar of the Royal Canadian Air Force (RCAF) as two CF-18 Hornets will flyby at various times over Cold Lake, Lloydminster, and Spruce Grove on July 1.

Woman airlifted to Edmonton after two-vehicle collision near Elk Point

A 78-year-old woman was airlifted to Edmonton in critical condition following a two-vehicle collision in the county of St. Paul on June 24. 

Town of St. Paul ready to host full day of Canada Day events

The town of St. Paul is getting ready for a packed Canada Day celebration on July 1, featuring activities, live entertainment, and a performance of Canadian fiddle music. 
- Advertisement -