Red Deer Region’s unemployment rate at the end of 2009 was 7.1% up 2% from the end of 2008. This is slightly below Alberta’s average of 7.4%. With the natural unemployment rate at 4.5-5.5% the Red Deer Region is in a slight surplus.
| Year |
Red Deer Region Unemployment Rate (per cent) |
| 2010 |
6.5 |
| 2009 |
7.1 |
| 2008 |
4.1 |
| 2007 |
3.2 |
| 2006 |
3.8 |
| 2005 |
3.3 |
2009 Labour Force Indicators:
|
Red Deer Region |
Alberta |
| Participation Rate |
71.6
|
73.5
|
| Employment Rate |
66.5
|
68.4
|
| Unemployment Rate |
7.1
|
6.9
|
Source: Statistics Canada, December 2009
For monthly figures regarding labour force statistics for the Red Deer Region, including unemployment rates, please refer to Statistics Canada's Labour Force Statistics.