Wood Buffalo-Cold Lake Economic Region Workforce Insights

May, 2026

Key Insights

  • Employment increased by 1,700 jobs from the previous month and decreased by 2,100 jobs compared to the same month last year.
  • Full-time Employment increased by 1,100 jobs from the previous month and decreased by 1,200 jobs year-over-year.
  • Part-time Employment increased by 600 jobs from the previous month and decreased by 1,000 jobs year-over-year.
  • Unemployment decreased by 200 people from the previous month and increased by 1,400 people compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,100 jobs from last month and decreased by 1,200 jobs compared to the same month last year.

Part-time Employment increased by 600 jobs from last month and decreased by 1,000 jobs year-over-year.

The number of Unemployed individuals decreased by 200 people from the previous month and increased by 1,400 people compared to last year.

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Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 3.3 percentage points from a year ago.

The Unemployment Rate increased by 1.7 percentage points from a year ago.

The Participation Rate decreased by 2.2 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 1,700 jobs from the previous month and decreased by 2,100 jobs compared to the same month last year.

In the most recent month, employment increased by 1,700 jobs. Over the last year, the labor market has decreased by 2,100 jobs.

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas: 19,900 workers.
  • Construction: 6,800 workers.
  • Agriculture: 1,900 workers.

The Goods sector is mainly driven by industries such as Forestry, fishing, mining, quarrying, oil and gas, Construction, Agriculture, which together account for 100% of the sector's workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade: 10,000 workers.
  • Health care and social assistance: 6,900 workers.
  • Educational services: 5,700 workers.

In the Services sector, Wholesale and retail trade, Health care and social assistance, Educational services lead employment, representing 48.3% of the sector's workforce.

Top 5 Industries by Change from Previous Month

  • Wholesale and retail trade: Change of 1,600 workers (increased by 19.05%).
  • Health care and social assistance: Change of 500 workers (decreased by 6.76%).
  • Agriculture: Change of 300 workers (decreased by 13.64%).
  • Construction: Change of 200 workers (increased by 3.03%).
  • Transportation and warehousing: Change of 200 workers (decreased by 7.14%).
  • Professional, scientific and technical services: Change of 200 workers (increased by 10%).
  • Educational services: Change of 200 workers (increased by 3.64%).
  • Information, culture and recreation: Change of 200 workers (increased by 8.7%).

These industries saw the largest month-over-month changes, indicating short-term trends.

Top 5 Industries by Change from Same Month Last Year

  • Agriculture: Change of 1,900 workers (increased by Inf%).
  • Health care and social assistance: Change of 1,000 workers (decreased by 12.66%).
  • Business, building and other support services: Change of 1,000 workers (decreased by 32.26%).
  • Wholesale and retail trade: Change of 800 workers (decreased by 7.41%).
  • Information, culture and recreation: Change of 600 workers (increased by 31.58%).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

Employment has seen a decline over the year, highlighting some challenges in the job market. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Educational services, Health care and social assistance.

Local Workforce Insights

March, 2026

Updated monthly, local monthly workforce trends focus on total employment, and employment and unemployment rates estimates at SLA level
Lac la Biche County SLA consists of the following communities: Lac la Biche County, Smoky Lake, Smoky Lake County, Thorhild County, Vilna, Waskatenau.

Key Local Labour Market Insights

  • Total local employment is 7,740 in March 2026, it dropped by 0 jobs from February and fell by 100 jobs year-over-year.
  • The local employment rate registered 56.4%. It declined by 0.0 percentage points from February and decreased by 0.6 percentage points from same month last year.
  • Local unemployment rate registered 6.9%. It grew by 0.7 percentage points month-over-month, and grew by 0.2 percentage points year-over-year.

Employment Trends

Total employment in March 2026 was 7,740, showing a marginal decrease of 0 from the previous month. Relative to March last year, employment levels declined by 100, experiencing pressure.

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Employment Rate Dynamics

The employment rate reached 56.4% in March 2026. This represents a decline of 0.0 percentage points from February (56.4%). Year-over-year, the rate decreased by 0.6 percentage points from 57.0%.

Unemployment Rate Trends

The unemployment rate was 6.9% in March 2026, up 0.7 percentage points from February. Compared to March last year (6.7%), the rate has increased by 0.2 percentage points.

Employment: Regional vs Local Patterns

The moderate correlation (0.70) between regional and local employment levels indicates some alignment in employment trends. This suggests that local employment partially reflects regional patterns.

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.74) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.35 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.

Lac la Biche County SLA consists of the following communities: Lac la Biche County, Smoky Lake, Smoky Lake County, Thorhild County, Vilna, Waskatenau.

Monthly Local Workforce Trends

March, 2026

Updated monthly, local monthly workforce trends focus on total employment, and employment and unemployment rates estimates at SLA level

Lac la Biche County SLA consists of the following communities: Lac la Biche County, Smoky Lake, Smoky Lake County, Thorhild County, Vilna, Waskatenau.

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Local area

Employment Trends

Total employment in March 2026 was 7,740, showing a marginal decrease of 0 from the previous month. Relative to March last year, employment levels declined by 100, experiencing pressure.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Local area

Employment Rate Dynamics

The employment rate reached 56.4% in March 2026. This represents a decline of 0.0 percentage points from February (56.4%). Year-over-year, the rate decreased by 0.6 percentage points from 57.0%.

Unemployment Rate Trends

The unemployment rate was 6.9% in March 2026, up 0.7 percentage points from February. Compared to March last year (6.7%), the rate has increased by 0.2 percentage points.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Local area

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.74) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Local area

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of 0.35 shows a moderate relationship. This suggests some common unemployment drivers, indicating that there is partial alignment in labor market stress.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,100 jobs from last month and decreased by 1,200 jobs compared to the same month last year.

Part-time Employment increased by 600 jobs from last month and decreased by 1,000 jobs year-over-year.

The number of Unemployed individuals decreased by 200 people from the previous month and increased by 1,400 people compared to last year.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 3.3 percentage points from a year ago.

The Unemployment Rate increased by 1.7 percentage points from a year ago.

The Participation Rate decreased by 2.2 percentage points year-over-year.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Jobs Added or Lost by Month

Employment levels increased by 1,700 jobs from the previous month and decreased by 2,100 jobs compared to the same month last year.

In the most recent month, employment increased by 1,700 jobs. Over the last year, the labor market has decreased by 2,100 jobs.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas: 19,900 workers.
  • Construction: 6,800 workers.
  • Agriculture: 1,900 workers.

The Goods sector is mainly driven by industries such as Forestry, fishing, mining, quarrying, oil and gas, Construction, Agriculture, which together account for 100% of the sector's workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade: 10,000 workers.
  • Health care and social assistance: 6,900 workers.
  • Educational services: 5,700 workers.

In the Services sector, Wholesale and retail trade, Health care and social assistance, Educational services lead employment, representing 48.3% of the sector's workforce.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Top 5 Industries by Change from Previous Month

  • Wholesale and retail trade: Change of 1,600 workers (increased by 19.05%).
  • Health care and social assistance: Change of 500 workers (decreased by 6.76%).
  • Agriculture: Change of 300 workers (decreased by 13.64%).
  • Construction: Change of 200 workers (increased by 3.03%).
  • Transportation and warehousing: Change of 200 workers (decreased by 7.14%).
  • Professional, scientific and technical services: Change of 200 workers (increased by 10%).
  • Educational services: Change of 200 workers (increased by 3.64%).
  • Information, culture and recreation: Change of 200 workers (increased by 8.7%).

These industries saw the largest month-over-month changes, indicating short-term trends.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Top 5 Industries by Change from Same Month Last Year

  • Agriculture: Change of 1,900 workers (increased by Inf%).
  • Health care and social assistance: Change of 1,000 workers (decreased by 12.66%).
  • Business, building and other support services: Change of 1,000 workers (decreased by 32.26%).
  • Wholesale and retail trade: Change of 800 workers (decreased by 7.41%).
  • Information, culture and recreation: Change of 600 workers (increased by 31.58%).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

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Data source: Statistics Canada - Labour Force Survey May, 2026
Economic region

Conclusion

Employment has seen a decline over the year, highlighting some challenges in the job market. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Educational services, Health care and social assistance.

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Data source: Statistics Canada - Labour Force Survey May, 2026

Employment rate Provincial Comparison

Among 65 small areas in Alberta, Lac la Biche County ranks 53rd with an employment rate of 56.4%. The provincial range is 46.2% to 69.4%, with half of areas between 57.5% and 62.2% (median: 59.4%).

Data source: Statistics Canada - Labour Force Survey May, 2026

Unemployment rate Provincial Comparison

Among 65 small areas in Alberta, Lac la Biche County ranks 41st with an unemployment rate of 6.9%. The provincial range is 5.4% to 12.5%, with half of areas between 6.1% and 7.0% (median: 6.5%).

Data source: Statistics Canada - Labour Force Survey May, 2026

Recruitment and Retention

Remote Work as Incentive

Anticipated to work remotely

Recruitment, Retention and Training Plans

Recruitment, Retention and Training Plans

Current or planned tasks regarding recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (geography)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (organization size)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of organizations planning to offer remote work (organization type)

Percentage of organizations planning to offer remote work as for recruitment, retention and training over the next 12 months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by business size

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by organization type

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Current or planned tasks regarding recruitment, retention and training - by geography

Organization's current or planned tasks regarding recruitment, retention and training in the next 12 months (Q1 2023)

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated Work Arrangement in the Next Three Months

Anticipated Work Arrangement in the Next Three Months

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (geography)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (organization size)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Percentage of workers anticipated to only work remotely (organization type)

Percentage of workers anticipated to only work remotely over the next three months

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Data source: Statistics Canada - Canadian Survey on Business Conditions

Anticipated work arrangement - by business size

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated work arrangement - by organization type

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions

Anticipated work arrangement - by geography

Percentage of workforce anticipated to work on-site or remotely over the next three months, Q1 2023

Data source: Statistics Canada, Canadian Survey on Business Conditions