Calgary Jobs – Strong Growth in May
Consistent with growth in many areas of Canada, Calgary showed particularly good results. The strong upward trend in new job creation bodes well for real estate in Calgary.
Across Canada, an increase of 20,000 was expected, but surprisingly, there was an increase of 95,000. That was the highest monthly increase in almost 10 years. Most gains were in part time employment. There were losses of full time jobs in the oil and gas sector, healthcare and manufacturing. The increases were in retail, food, and accommodation. So, it’s not all rosy however it is a positive trend, particularly good for summer students looking for employment.
In Alberta, the economy created almost 19,000 jobs in May. As more people came…