Thursday , 2 December 2021
Breaking News

Considerable rise in Lloydminster jobless rate as country hits record high

Graph displaying Canada's unemployment rates historic high. (Stats Canada.)

A significant rise in unemployment rates in the Border City comes after Canada reaches a record high due to the COVID-19 pandemic, according to Stats Canada.

The Alberta economic region of Camrose-Drumheller is just over a full percent increase in its unemployment rate rise in May.

The region sits at 10.4 per cent compared to 9.3 per cent in April.

That rate is not adjusted for seasonal employment.

Across the border, the jobless rate is 9.4 per cent for the Prince Albert and Northern region in Saskatchewan, unadjusted for seasonality.

This is a more than two per cent increase compared to April’s rate of 7.2 per cent.

Overall, Canada hits its highest unemployment rate since 1982 at 13.7 per cent.

The rate sat at 5.6 per cent in February pre-pandemic.

About Tre Lopushinsky

Tre is the lead reporter/editor at Lloyd Connect. He is a NAIT Radio and Television alumni. Tre has experience in radio, audio production, video editing and news reporting. During his time at NAIT he worked as a sports editor for the college paper and was a commentator for NAIT Ooks Basketball and volleyball teams. Some residents may know him as being the "giant employee" in the community for the past two years. Tre, for some reason, hasn’t veered away from his childhood as he has a passion for collecting figures (not dolls!).

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