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Tuesday, December 22, 2015 - Wages still falling

Nick Ford ? Economist December 22, 2015 Wages still falling In their monthly Survey of Employment, Payrolls and Hours, Statistics Canada revealed that Alberta was the only province to record a decrease in average weekly earnings over the year in October. Though wages did increase minimally from September to October (+0.6 per cent), wages were down by 1.8 per cent from last year.Despite this yearly decline, Albertans continue to be paid the highest wages of all the provinces. On average, ...

posted in General at Tue, 22 Dec 2015 10:25:26 -0700



Monday, December 14, 2015 - Price causes oil extraction to fall

Nick Ford ? Economist December 14, 2015 Price causes oil extraction to fall After an all-time high in August, the latest oil supply and disposition figures reveal that Alberta?s oil producers were far less busy in September. Oil extraction in our province dropped by 17.1 million barrels (-16.5 per cent) from August to September. Despite the hefty fall in extraction, crude withdrawals were at virtually the same levels seen a year ago when oil averaged around $US 93 (WTI). Oil exports from our ... Full Article...

posted in General at Mon, 14 Dec 2015 09:07:51 -0700



Friday, December 11, 2015 - Alberta's use of advanced technology

Nick Ford ? Economist December 11, 2015 Alberta's use of advanced technology In the December 5th issue of The Economist, the idea that factories do not seem to be making things faster was noted. Has our technology caught up to us so that we?re not able to make goods, or extract resources as quickly? Or, are businesses not adopting the newest and most efficient forms of technology that exist? Here in Alberta, it could be a bit of both. Research from Statistics Canada?s Survey of Advanced ...

posted in General at Fri, 11 Dec 2015 13:34:00 -0700



Thursday, December 10, 2015 - November housing starts defy expectations

Nick Ford ? Economist December 10, 2015 November housing starts defy expectations On the back of this week?s building permit numbers, Alberta?s housing market again managed to defy expectations and flex its muscles, at least according to the most recent data from the Canada and Mortgage and Housing Corporation. Housing starts managed to regain traction after moderating in October. Housing starts reached 43,122* in November. Last month?s reading is 11 per cent higher than the yearly average ...

posted in General at Thu, 10 Dec 2015 10:51:44 -0700



Wednesday, December 9, 2015 - Hiring intentions outweighed by downsizing

Todd Hirsch ? Chief Economist December 9, 2015 Hiring intentions outweighed by downsizing The first quarter of 2016 is not looking great if you?re a job seeker in Calgary. Then again, it?s also not looking all that bad if you?re worried about being laid off. According to the most recent Manpower Employment Outlook Survey, released yesterday, an equal number of employers in Calgary are looking to either increase or decrease their staffing levels?each at eight per cent?over the first quarter of ... Full Article...

posted in General at Wed, 09 Dec 2015 14:55:40 -0700



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