Edmonton

Edmonton avoids impact of Alberta job losses in July

Edmonton is bucking the provincial trend and managed to hold on to jobs last month, according to the city’s chief economist, John Rose, in his July labour force report.

Edmonton is bucking the provincial trend and managed to hold on to jobs last month, according to the city's chief economist, John Rose, in his July labour force report.

An increase in full-time jobs were able to offset a "significant" drop in part-time employment.

However, Rose warns that the situation could get worse in the second half of 2015 if oil prices stay low.

The unemployment rate in Edmonton dropped slightly from 5.9 per cent to 5.7 per cent between June and July.

In Alberta, the unemployment rate was 6 per cent , with a net loss of 4,300 jobs. Canada's unemployment rate was 6.8 per cent in July.

Financial services, healthcare and construction saw the most growth in full time jobs. Energy, manufacturing and retail sectors were hurt the most.

Reduced activity in the energy sector due to low prices appears to be affecting spending on manufacturing and retail.