Calgary holds the record for the highest unemployment rate in Canada

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Among the 33 metropolitan areas surveyed by the Statistics Canada, Calgary once again had the highest unemployment rate in the country.

According to new data released last week, the Calgary unemployment rate rose to 0.6% in February from 0.3% a month earlier. As a result, Calgary’s unemployment rate surpassed that of St. John, the capital of Newfoundland and Labrador, whose unemployment rate remained unchanged at 7.4 percent in February.

Edmonton came in second with a 7% unemployment rate, making it Canada’s third worst job market.

Calgary’s unemployment rate used to be among the lowest in Canada, but that has changed since the fall in oil prices in 2014. As a result, the unemployment rate rose sharply from 4.5 percent in December 2014 to its highest level of 10.3 percent in December 2016. Calgary also had the highest unemployment rate among Canadian cities in the second half of 2016 and the first half of 2017.

Statistics Canada calculates unemployment rates in different cities on a quarterly basis and publishes updated information on a monthly basis. The center has stated that it is better to consider the results based on long-term patterns.

The Statistics Center of Canada announced in February that 3,800 jobs had been added to the job market across Alberta, apparently on the verge of a survey error. Unemployment in Alberta has not changed from last month, the agency said in a statement. “Alberta’s unemployment rate rose 0.5 percent to 7.3 percent as the number of people looking for work increased in February,” the statement said.

A total of 56,000 new jobs were created across Canada in February, and the nationwide unemployment rate rose to about 5.8 percent. Economists, on the other hand, predicted a much smaller number of jobs

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