Alberta strained as job growth slows, labour market changes [Video]

The Business Council of Alberta’s latest winter snapshot has the province’s economy showing signs of strain as national and global pressures begin to take a toll.

While the province remains ahead of the national average in economic performance, cracks are beginning to appear in its economic foundation.

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The report shows that the labour market is undergoing significant changes, despite the province continuing to add jobs at a faster rate than most of Canada, the pace of job creation has slowed markedly.

“October was a pretty good month for the Alberta labour market, we created around 13,000 jobs,” said vice president and chief economist for the business council of Alberta, Mike Holden.

“But if you rewind back for about, let’s say, the previous …