OTTAWA - When it comes to job creation in Canada, there's Alberta and then there's everybody else.
The latest employment data for February showed that the oil-rich western province created an impressive 18,800 jobs, largely in construction, mining and oil and gas, while in the rest of the country overall employment fell.
Economists warn against staking too much on any one-month data point, but the February result is no outlier.
As the Statistics Canada report issued Friday showed, Alberta is responsible for almost all the new net jobs generated in the past year — 82,300 of the 94,700 country-wide, or 87 per cent — as the province saw employment rise an impressive 3.8 per cent.
By comparison, provinces not called Alberta only gained about 12,000 which, for the purposes of the agency's survey, constitutes a rounding error.
"I know this is not a new story but it's becoming extreme," said Doug Porter, the Bank of Montreal's chief economist. "In the last 12 months, Alberta is the only province that's seen meaningful growth. They've had job gains of nearly four per cent and meanwhile six provinces have seen declines and one's been flat."
The other provinces in the positive territory, although far below Alberta's bounty, are Ontario with an overall pickup of 28,700, which given the large population base is only an increase of 0.4 per cent, and Saskatchewan, where employment rose a healthier 0.9 per cent by adding 5,200 net new jobs.
One way of looking at it, says CIBC chief economist Avery Shenfeld, is that the labour market in Canada is working as it should. Canadians are moving to where the jobs are.
And the numbers do show that aside from creating jobs, the western province is steadily increasing its workforce, by 81,300 in the past 12 months alone.
But Shenfeld concedes it's a serious problem for provincial governments that are on the losing end of worker migration, sapping their ability to raise revenue and pay for services. While most provinces remain in deficit, Alberta on Thursday reported it would post a surplus this year, although some quibbled with the province's accounting practices.
A spokesperson from the Finance Department said the post-recession period, where over one million jobs have been created, does not show as dramatic a tilt toward Alberta, but added that in general the strong performance of the province's economy since 2009 has been "a positive thing for Canada."
Although the recent dramatic tilt may be exaggerated by cyclical factors, the direction of jobs flow has been apparent for some time.
With Canada's manufacturing sector on its knees and home construction tapped out, two of the biggest industries operating in heavily-populated Central Canada have essentially produced no net jobs in the past year.
And another big employer — government — has shed more than 41,000 workers as Ottawa and other non-resource provinces focus on eliminating deficits.
"These figures illustrate the folly of imposing public-service cuts on a stagnant job market," said Erin Weir, an economist with the United Steelworkers.