LETHBRIDGE-MEDICINE HAT: For the first time since the fall of 2008, the local jobless rate is close to
4%. The Lethbridge Medicine Hat region saw its unemployment rate drop more than
a full percentage point between October and November.
Provincially, the rate slipped from 5.1 to and even 5-per cent, while the
national rate is up a notch to 7.4 per cent.
Information from the province
shows job growth in the oil and gas industry and construction, as well as in service sectors involving professions, science and technical services.
According stats from Economic Development Lethbridge, our city had the
highest month-over-month decline in unemployment in Alberta last month. EDL CEO
Cheryl Dick notes, "There are significant job opportunities in our region, in
agriculture, food processing, manufacturing and and transportation".
pointed out, "There are local benefits from the provincial food manufacturing
industry, which experienced a production increase this year, nearing the peak
levels of 2009, when more than $900 million in food manufacturing shipments were
produced in an average month".
On the national front, economists were expecting an increase of about
17,000 jobs last month. However, there was a drop of 18,600, taking the jobless
rate up a notch to 7.4 per cent, making November's job loss the 5th consecutive
month since June that there was job creation failure nationally.