The Red Deer region’s unemployment rate has dropped for the second straight month.
According to Statistics Canada, the jobless rate for the region was 6.6 per cent last month, down from 7.6 per cent in September and 7.8 per cent in August.
Unemployment rates for October 2024:
7.9 per cent in Edmonton,
7.4 per cent in Calgary,
6.7 per cent in Wood Buffalo-Cold Lake,
6.8 per cent in Lethbridge-Medicine Hat,
4.9 per cent in Banff-Jasper-Rocky Mountain House and Athabasca-Grande Prairie-Peace River, and
4.3 per cent in Camrose-Drumheller.
Alberta’s unemployment rate was 7.2 per cent in October 2024, up from 7.4 per cent in September 2024. The province's unemployment rate was 5.5 per cent in October 2023.
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