, near its lowest point in seven years, and has helped close a recent gap with nationwide numbers. Currently, there are around 100,000 open positions in the province and about 145,000 people looking for work — a stark change from recent years when Alberta has seen more disparity between vacancies and job-seekers, now inching closer to a 1:1 ratio.
as employment growth creates shortages and fewer young people enter the job market looking for trades jobs.Article contentWhile commodity prices are cooling off after surging last year, they’re anticipated to remain high through 2023, said the council, and that’ll likely provide Alberta with some reprieve in the case of further economic slowdown.
“On the inflation front, there is reason to believe 2023 will be better for Albertans,” it reads, adding that the Alberta government’s Affordability Action Plan should help with residents’ pocketbooks “so long as it does not stoke inflation further.”As Alberta continues to grow, gaining a net 19,000 residents in Q3 2022 — the highest quarterly population growth in decades — the council said the provincial government can’t ignore housing affordability concerns.