The number of people unemployed in the economic region, including Grande Prairie, saw a dip from October to November. According to the latest numbers from Statistics Canada, the unemployment rate for the Athabasca – Grande Prairie – Peace River region was 4.4 per cent in November, down from the 5.1 per cent reported the previous month.
Compared to November 2022, the number of unemployed people in the economic region saw a 0.5 per cent drop.
Across Alberta, the unemployment rate ticked upward to 5.9 per cent. November is the second month in a row that the unemployment rate across the province increased by 0.1 per cent. The Red Deer region recorded the highest unemployment rate in November, while the Camrose-Drumheller region reported the lowest.
Across the country, unemployment saw a slight increase, coming in a 5.8 per cent for the month of November. According to statistics Canada the economy added 25,000 jobs with added jobs in manufacturing and construction. However, in November jobs were lost in the wholesale and retail, finance, insurance, real estate and rental and leasing sectors.