Statistics Canada’s latest employment data show that in February, 87% of the new jobs in Canada were created in Alberta, with 18,800 jobs created largely in construction, mining, and oil and gas. In the rest of the country, overall employment fell. "I know this is not a new story but it's becoming extreme," says Bank of Montreal Chief Economist Doug Porter. "In the last 12 months, Alberta is the only province that's seen meaningful growth. They've had job gains of nearly 4% and meanwhile 6 provinces have seen declines and one's been flat."
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As the Statistics Canada report issued Friday showed, Alberta is responsible for almost all the new net jobs generated in the past year -- 82,300 of the 94,700 country-wide, or 87 per cent -- as the province saw employment rise an impressive 3.8 per cent.
By comparison, provinces not called Alberta only gained about 12,000 which, for the purposes of the agency's survey, constitutes a rounding error.
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