What goes up, also goes down. Simultaneously.

Friday, November 27, 2009 at 11:26
A Nov 24 Edmonton Journal article has the headline "Alberta Jobless Numbers Soar" and quotes a StatsCan report showing that a total of 71,900 Albertans received EI in Sept 2009, a 25% increase from Aug 2009.
But if we look at the StatsCan overall employment data for Alberta in Sept 2009, we see a very different picture of the changes from Aug to Sept 2009:
  • Alberta saw population growth of 6200 people.
  • Number of people "employed" in Alberta grew by 3000.
  • Number of people "unemployed" in Alberta dropped by 5800 people. 
  • Alberta's overall employment rate was unchanged at 68.8%, the second highest of any Province.
StatsCan Sept 2009 Labour Force Survey

So what we actually have is an increase in the number of people on EI and NOT a soaring increase in the number of people who are jobless in Alberta. You spin me right 'round baby, right 'round.

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