Did you know?

· There are 18 Workforce Consultants (WFC) in communities across Alberta. WFCs provide employers with tools and resources to help them recruit, retain and strengthen their workforce.

· Employment in the province declined by 0.8% (-20,400 month-over-month) in May but has grown by 2.7% over the past 12 month.

· Full-time employment declined by 1.6% in May. However, Part-time positions went up by 2.7% in May with even growth in each year over year.

Regional Events & Opportunities

· Employment standards set out the rights and obligations of employers and employees in Alberta. This includes the minimum standards that employers must provide to employees. Employment Standards webinars (including live Q&A) are scheduled for the following topics:

o Overview of Employment Standards in Alberta - Tuesday, July 16, 2024 (1:30 PM)

o Employment Standards in Alberta - Construction Overview – Thursday, August 22, 2024 (1:30 PM)

o For more information, or to register for one of the sessions, please visit: https://www.alberta.ca/employment-standards-webinars.aspx

o To book a presentation for your company or organization, please email: EOP.Presentations@gov.ab.

· Calgary Employment Bulletin - https://goo.gl/EWQ6CB

Job Postings Information (May 2024-Vicinity Jobs)

· Job posting information for Airdrie.

o 372 postings

o Top occupations: Sales & Service – 36.8%; Trades, transport & equipment operators – 16.9%, Business,

Finance and administrative – 15.9%

o Top employers hiring: Alberta Health Services – 8.1%, McDonalds – 7.1%, Walmart – 6.1%, Flynn Canada Ltd. – 6.1%, Bethany Care Society – 6.1%

· Job posting information for Cochrane.

o 151 postings

o Top occupations: Sales & service – 49.7%, Trades, transport & equipment operators – 11.9%, Business, finance & administrative – 11.3%

o Top employers hiring: Canada Safeway Ltd -9.1 %, Edo Japan – 9.1%, Walmart – 9.1%, Bethany Care Society, Dominio’s Pizza, Great Clips Safe-on Foods, Scotiabank – all 6.1%

· Job posting information for Crossfield.

o 35 job postings

o Top occupations: Trades, transport & equipment operators – 40%, Sales & service – 20%

o Top employers hiring: Modus Structures – 17.1%, Boom Construction – 11.4%, Maxfield LP – 11.4%

· Job posting information for Balzac.

o 35 job postings

o Top occupations: Trades, transport & equipment operators – 45.7%, Business, finance & administrative – 14.3%, Sales & service – 14.3%

o Top employers hiring: Blue Grass Nursery, Sod and Garden Centre – 14.3%, Flynn Companies – 14.3%, Rockyview County – 8.6%

Provincial

· The provincial unemployment rate for May 2024 is 7.2%, slightly higher than the national rate of 6.2%.

· Alberta’s participation rate decreased slightly month over month to 69.4%.

· Employment losses were highest in the construction industry (-20,300) followed by wholesale and retail trade (-7,100) agriculture (-5,500) and healthcare and social assistance (-5,300).

· Alberta’s average hourly wage for May 2024 decreased by 0.3% to $36.47 compared to last month.

· Hiring Bulletins are attached to this email. In May 2024, the number of job postings in Alberta rose by 15.1% (36,700 postings) however, year over year postings were down 7.6%. The largest increase in demand occurred in the following occupations:

o Sales and Service Occupations (+1,799 postings)

o Business, Finance and Administration Occupations (+865 postings)

o Trades, Transport and Equipment Operators and Related Occupations (+793 postings).

· Labour Market Notes, June 2024 – https://www.alberta.ca/labour-market-notes

Related Information

• Alberta Economic Dashboard – Alberta’s hub for economic data and insights.
• Alberta Economic Dashboard for Construction Sector – the construction sector is an important part of Alberta’s economy, driving current and future economic growth.
• Alberta Regional Dashboard – information about living, working and doing business in Alberta’s diverse regions.
• Alberta Economy Indicators at a Glance – key economic indicators relating to the overall economy, labour market, price indices, household sector and business sector.
• Alberta Weekly Economic Review – economic commentary, analysis and statistics examining Alberta’s economy, labour market, process indices, household sector and business sector.
• Government of Canada Labour Market News – articles about job opportunities and layoffs across Canada.
• Small Business Resources – Biz Connect provides supports to help Alberta entrepreneurs and small businesses start, grow and succeed.
• Canada Job Bank - Trends and events in Alberta's labour market - Find out about this week's top news stories or read our monthly bulletins to keep up with recent labour market developments. Learn about trends and issues affecting your industry or the economy as a whole.

Articles of Interest

Maximizing Opportunities in Rural Communities (Government of Alberta News Release)

Construction Labour Shortage Weighs on Alberta Businesses as Growth Accelerates (CBC News)

Alberta Economic Forecast (ATB)

Labour Market News (Government of Canada - Job Bank)