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Alberta Leads in Lost Jobs
While the brunt of the economic recession took place between 2008 and 2009, economies around the world are hitting a critical and pivotal moment in which economic data starts to fare better and economies seem to be on the recovery. Still, there are some alarming statistics that show just how palpable the recession still is today. For example, the whole issue over Greece and Portugal's deficit is causing economic uncertainty in Europe. In a matter much closer to home, Alberta recently logged the highest number of lost jobs in a Canadian province. Grim news, no doubt, but read on to learn about the silver lining on this grey cloud.The Time to Buy a Home in Edmonton is Now
Perhaps one of the biggest investments you will make in life is buying a home. Many lenders offer various mortgage plans and home equity loans to help you get the most value for your money and the most value for the investment that is your home. Because of the economic difficulties that we have faced in the past years, however, mortgage and home prices have altered greatly. In Edmonton, Alberta and much of the rest of Canada, the mortgage rates were brought down to encourage people to purchase homes. Today, however, we are amidst another big change in the homebuying industry as mortgage rates in Canada increase at an alarming rate.
Alberta has Largest Decrease in Number of EI Recipients
There's no denying that the recent economic recession is probably one of the biggest and most devastating in world history. Millions, if not billions, of people around the world felt the impact of the recession, especially from late-2008 to mid-2009. Fortunately, some countries are looking to get back on their feet as economic activity starts to pick up and global recovery is slowly picking up. In Canada, the story of recovery can be told largely by the recent decrease in the number of employment insurance recipients.
Read more: Alberta has Largest Decrease in Number of EI Recipients
Edmonton Regional Immigrant Employment Council
Friday, 25 June 2010 14:12
Moving to another country can often be difficult. Not only does your setting change, but oftentimes so does the language, culture, and way of life that you deal with on a day-to-day basis. This can especially become a problem when it comes to employment, wherein even business practices may differ. If you have moved to Edmonton, Alberta, Canada from another country, then you may be experiencing difficulty adjusting to these changes. Fortunately, the Edmonton Region Immigrant Employment Council (ERIEC) has been created to help you, and the many other immigrants to Edmonton, with your employment concerns.
Alberta Unemployment Insurance Claims Rise
Friday, 26 March 2010 00:00
Throughout the country, the number of people filing for Employment Insurance has escalated in the latter part of 2008. The data provided by Statistics Canada show that while claims constantly fell below the 600,000 mark since 2006, these skyrocketed to over 800,000 in early 2009. Toward the end of the year, the figure began to decline, with Quebec and British Columbia experiencing the biggest drop in unemployment insurance claims. However, the opposite happened in Alberta, as the figure continues to grow over three times its size, particularly in Calgary and Edmonton. This is attributed to massive job losses in the province in 2008, especially in the construction industry. At the peak of recession, workers in Alberta's large energy industry and even those in manufacturing, retail, and technical services all faced unemployment.
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