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People are seen enjoying a spring afternoon along 17th Ave. SW. Friday, March 12, 2021. Article content It’s been one miserable, grinding year since the pandemic came to Alberta. While we mark its grim 12-month anniversary, here are three hopeful economic signs to embrace as spring officially arrives next week. The unemployment rate is falling. Oil prices and industry land sales are climbing. And there’s a growing consensus stronger economic growth is on the way. “Just having some light at the end of this brutal tunnel is very welcome,” University of Calgary economist Trevor Tombe said Friday. One of the most promising indicators surfaced with a new employment report from Statistics Canada showing 16,800 jobs were created in the province in February. As restaurants and bars were allowed to reopen for in-person service last month, 19,200 Albertans were able to return to work and collect a paycheque in the accommodation and food services industry. For the first time since last March, Alberta’s unemployment rate dropped into single digits , although just barely, at 9.9 per cent. Article content Now, for those who think I’m putting on rose-coloured glasses, I concede there’s plenty of trouble to fret about, such as […]
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