The unemployment rate measures the number of unemployed people as a percentage of the total labour force (employed and unemployed). This indicator shows the seasonally adjusted estimates (as a percentage rate) for the Edmonton Census Metropolitan Area.
This measure is an indicator and not a measure of the City's performance as the City has limited control over the labour market.
The unemployment rate indicates the health of the economy. A high unemployment rate means the economy is in a recessionary state while a low unemployment rate implies the economy is healthy or growing.
Explanation of Performance
Even with December's god job number, the unemployment in the Edmonton region was up for the fourth consecutive month in December 2015. The unemployment rate rsose from 6.1% in November 2015 to 6.2% in December 2015.
Did You Know?
Edmonton Census Metropolitan Area’s unemployment rate has been consistently lower than the national average over the last five years.
For more information on the unemployment rate see Statistics Canada’s Labour Force Information publication: http://www5.statcan.gc.ca/olc-cel/olc.action?ObjId=71-001-X&ObjType=2&lang=en&limit=0.
For more information on Edmonton’s employment trends, see City of Edmonton’s Labour Force Survey reports: http://www.edmonton.ca/business_economy/economic_data/labour-force-survey.aspx.