32 Labour force participation: Alberta’s recovery
32.1 Introduction
This project asks you to recreate the chart below, which was featured in the 2019 Maclean’s magazine “Chart Week” issue.
Change in employment rates
“Economic recoveries take time. But for Alberta’s young men, it hasn’t even started. After two years of job losses, the economic recovery finally began in late 2016 and employment rates for most Albertans have gradually improved ever since. Prime-age men (25-54 year olds), for example, have recovered nearly three quarters of their recessionary losses. But for young men (24 and under) the situation is no better today than it was two years ago. This group was hardest hit by job losses in oil and gas, construction, and manufacturing — especially those with lower levels of education — and adjustment is proving difficult. Will economic recovery finally reach all Albertans in 2019? This is the chart to watch.” —Trevor Tombe, assistant professor of economics, University of Calgary15(https://www.macleans.ca/economy/economicanalysis/the-most-important-charts-to-watch-in-2019/)
The COVID-19 pandemic of 2020-21 has provided an additional shock to the labour market.
What does the line look like if it’s extended to include the latest data?
What does the labour market in British Columbia look like by comparison?
32.2 Data source
Data file: “data_14100287_trunc.csv”
NOTE:
The data available for this project is a truncated of the source file listed below. A number of variables have been removed, and any non-estimate values have been filtered out. See the file data_truncate.Rmd for details.
Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months
Frequency: Monthly
Table: 14-10-0287-01 (formerly CANSIM 282-0087)
Geography: Canada, Province or territory
DOI: https://doi.org/10.25318/1410028701-eng
Statistics Canada Open License Agreement
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