Edmonton sees record breaking migration to the city, job increases in professional and technical sectors: Report
Abstract
Edmonton saw record breaking population growth in 2023 which is largely attributed to 47,100 international newcomers- a 13,700 increase from 2022 which saw a high of 33,400. Additionally, the city saw an estimated 5.2% job increase in 2023 hitting a record high of approximately 851,000- a 42,400 increase from 2022. Job increases were mainly led by the professional and technical sectors. However, Edmonton’s unemployment rate averaged 5.9% in 2023, and is expected to rise to a rate of 6.3% in 2024, suggesting that the labour force increase will be faster than employment. The unemployment rate is expected to lower in 2025 to 6.1% and stabilize in 2026-2028.
Notes
Integration timeline: not defined
Key findings:
1) Edmonton had record breaking population growth in 2023, including 47,100 newcomers (13,700 more newcomers than in 2022).
2) The city had an estimated 5.2% job increase in 2023 (a record high of 851,100 jobs, which is 42,400 higher than in 2022).
3) Edmonton’s unemployment rate is expected to rise 0.4% higher to a rate of 6.3% in 2024, suggesting that the labour force will increase faster than available employment.
Key populations: newcomers in Edmonton
Key recommendations: n/a
Location: Edmonton, AB
Open access: Yes
Community organizations: n/a
Future research / gaps identified: n/a