Since about 2022, people have been moving to the city faster than they can find jobs
CBC NewsPaula DuhatschekCalgary's unemployment rate continues to trend higher than the national average, but not for the reason you might expect.
It isn't because local companies are laying workers off en masse — it's because people are moving to Alberta faster than they can find jobs.
"We're going through a period of adjustment — it'll take some time for the labour market to absorb all the people," said Mark Parsons, chief economist at ATB Financial, an Alberta government-owned bank.
While job growth in the province h…
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