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Alberta job growth driven by healthcare and construction as energy sector employment declines
Alberta added 41,000 jobs while its oil and gas sector shed nearly 11,000 workers since last October.
Recent data indicates Alberta added 41,000 jobs, a 1.6 per cent increase since last October, driven by healthcare and construction sectors. Conversely, the province's oil and gas industry lost nearly 11,000 workers, representing a 7.7 per cent decline over the same period. Statistics Canada's Labour Force Survey and Energy Safety Canada compiled these figures, highlighting a divergence between overall employment growth and energy sector contraction.
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Alberta job growth driven by healthcare and construction as energy sector employment declines
Alberta is experiencing a shift in its employment landscape where job creation is no longer centered on the energy sector. Data shows that while the province is gaining jobs overall, these positions are concentrated in healthcare, construction, and the skilled trades. Conversely, the energy industry, which has historically been the backbone of the provincial economy, is seeing a decline in employment numbers. This trend suggests a structural change in the province's labor market as it diversifies away from its traditional reliance on oil and gas production.
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