Article content

Alberta’s unemployment rate remained stable despite losing 14,000 full-time jobs in July — the largest decline in the country last month — said a labour report from Statistics Canada on Friday.

Unemployment increased by 0.4 per cent to seven per cent, with jobs decreasing by 0.6 per cent to 2,344,000 in the province. Employment in the province has “little changed” since July 2018.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Alberta economy shed 14,000 full-time jobs in July Back to video

“Employment decreased notably in accommodation and food services as well as in natural resources,” the report said.

In comparison, Canada’s unemployment rate increased slightly last month to 5.7 per cent. The country’s labour force had seen steady growth in the previous year and began to plateau in May 2019, growing slightly by 11,200 individuals in July.

Economist Cory Renner with the Conference Board of Canada said the decline should be “taken in context of Canada’s phenomenal labour market performance over the past 7 months.”