Strong labour force
In 2014, 64.9% of Alberta's labour force aged twenty-five years and older reported holding a university degree or post-secondary diploma or certificate.
In 2015, Alberta had and the second third lowest unemployment rate in the country at 64.06%. Since 1990, Alberta’s unemployment rate has been one of the three lowest of all the provinces in Canada.
Alberta had the highest productivity in the county. Total value added per hour in Alberta’s business sector was 44% higher than the Canadian average. Alberta's manufacturing sector also had the highest productivity of all provinces. Growth rates for business sector productivity and manufacturing between 2009 and 2014 were also the highest in the country.
Alberta wage and salary rates are competitive with the rest of Canada and with the United States. When total compensation rates are compared, Alberta provides even more of a cost advantage compared to the U.S., largely because of publicly funded health care.
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Alberta’s economic productivity was the second highest in the country in 2014.
Alberta's overall unionization rate is estimated at 23.5%. The public sector makes up the bulk of this rate.
Alberta wage and salary rates are competitive with the rest of Canada and with the United States.
Workers Compensation Board premiums
The Alberta Workers’ Compensation Board (WCB) has taken major steps to improve operations and reduce accident claims.
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Date Updated: Tue, 17 May 2016 12:32:35