CALGARY — The rate of inflation in Alberta in February was the lowest in Canada as the country experienced its biggest monthly increase since January 1991.
Statistics Canada reported Wednesday that the Consumer Price Index in the province rose by 0.9 per cent from January. It was also up by only 0.9 per cent from a year ago.
The monthly jump was the lowest in the country while the year-over-year inflation rate tied Alberta with British Columbia for the lowest in Canada.
The rate of inflation in the province was up after consumer prices fell by 0.5 per cent in January.
For the Calgary census metropolitan, prices rose by 1.0 per cent in February after they dropped by 0.3 per cent in January.
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Majority of New Jobs in the Big Cities are minimum wage.
Published: August 30, 2012
While a majority of jobs lost during the downturn were in the middle range of wages, a majority of those added during the recovery have been low paying, according to a new report from the National Employment Law Project.
The disappearance of midwage, midskill jobs is part of a longer-term trend that some refer to as a hollowing out of the work force, though it has probably been accelerated by government layoffs.
“The overarching message here is we don’t just have a jobs deficit; we have a ‘good jobs’ deficit,” said Annette Bernhardt, the report’s author and a policy co-director at the National Employment Law Project, a liberal research and advocacy group.