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Edson, AB Overview Edson is located in the central west of the Alberta (AB) province, in the Central Alberta region. ...
Edson, AB Overview
Edson is located in the central west of the Alberta (AB) province, in the Central Alberta region. The city is fairly small, with a population of less than 8,500 residents. It is roughly two hours away from the capital of Alberta, Edmonton, and is surrounding by boreal forests.
Life in Edson, AB is fairly comfortable. In addition to enjoying the lower tax rates typical of Alberta as a whole, the area also enjoys a very small low-income population. Less than 9 per cent of Edson residents qualify as lower-income, compared to over 12 per cent for Alberta as a province. In addition, median earnings in Edson are also slightly more favorable than the median for the province, coming in at C$30,966, versus C$29,738.
Edson, AB Job Opportunities
At 6.5 per cent, the unemployment rate in Edson, AB is higher than the province, which averages 4.3 per cent unemployment - but most of that difference is due to the local economy. Most job opportunities in Edson, AB center around the area's natural resources. Coal and forestry products are very popular, as are oil and natural gas. In turn, these industries present some of the best job opportunities in the area. In fact, trades account for nearly 30 per cent of the jobs in the area. The closest industries outside natural resources are sales and service occupations, which account for some 24 per cent of jobs in Edson, AB.
Edson, AB Employment Trends
The local jobs market in Edson, AB shrank considerably as oil prices dropped and companies in the industry were forced to tighten budgets, but that has leveled off somewhat, and growth is returning to the area. There is a new coal mine as well as a new hospital for the area, and a Canadian Tire and commercial air service is expected to gain a foothold.