Charles St-Arnaud, chief economist at Alberta Central, says Alberta's economy is doing better than the rest of the country.
Job gains in the province were predominantly in the private and self-employed sectors. The goods-producing sector — mainly in construction, manufacturing and natural resources — and the service sector also saw higher employment numbers. "Over the past 12 months, the Alberta labour market has outperformed the rest of the country in terms of job gains."All in all, this is good news for Alberta, said Charles St-Arnaud, chief economist with Alberta Central, the central banking facility for the province's credit unions.
Alberta's wage growth, however, is still under-performing in comparison to other provinces — at an increase of 4.5 per cent, year-over-year.