Economic News - The labour market in the Quebec City CMA bucked the provincial trend last month. The region had a total of 421,300 jobs, down 1,500 from October; in contrast, Quebec as a whole gained 19,600 jobs. Even so, this fourth monthly drop in a row did not prevent the Quebec City region from maintaining the lowest unemployment rate (5.2%) and the highest employment rate (64.3%) in the province in November.
Economic News - The employment market declined for the third month in a row in the Quebec City CMA. In October, the region had 422,800 jobs, down 4,800 from September. This drop-off, however, did not wipe out gains made over the past year as the Quebec City CMA has 5,900 more jobs than it did in October 2013. This was the biggest gain among Quebec's metropolitan regions (tied with Sherbrooke.)
Economic News - Hiring prospects remained favourable in the Quebec City CMA in the third quarter of 2014. The region posted a total of 427,600 jobs, up 12,600 from the same period in 2013. As a result, Quebec City is positioned among Canada's top-performing metro areas. In addition, Quebec City has the lowest unemployment rate (5.7%) in the province of Quebec and the rest of Eastern Canada.
Economic News - The labour market in Quebec City in August was a virtual copy of that in July. The metropolitan region recorded a total of 430,200 jobs, down slightly from the previous month (-500). From July to August, the region notched a gain of 5,100 jobs, putting an end to three consecutive months of losses in the spring. August stands as a period of transition during which these new positions were absorbed.
Economic News - Statistics Canada released this morning a correction of its July data on the Labour Force Survey. This review confirms that the Quebec City CMA recorded the strongest job creation in Canada, 5,100 more compared to June. Quebec did better than Calgary (+3,600) and Ottawa (+3,100). In addition, after the region posted a total of 430,700 jobs last month, the April-to-June slowdown appears to be a thing of the past.
Economic News - The Quebec City CMA turned in a stellar performance in July, creating more jobs than any other region in Canada, or 3,800 more than the previous month, outpacing Ottawa (+3,400) and Calgary (+3,000). In addition, after the region posted a total of 429,400 jobs last month, the April-to-June slowdown appears to be a thing of the past.
Economic News - The labour market slowed in the Quebec City CMA over the spring. The month of June was no exception as the region recorded a total of 425,600 jobs, down 2,100 from May. This put upward pressure on unemployment, which came in at 5.4% in June (this level was last seen in September 2012).
Economic News - Are Mother Nature’s spring hijinks having an impact on the local labour market? Whatever the case may be, the Quebec City CMA appears to have fallen into a lull after starting the year off with a bang. The region was home to 427,700 jobs in May, down 5,000 from April. However, the construction and manufacturing sectors are showing signs of stability. The services sector, in contrast, is more of a mixed bag, with its various components struggling to maintain upward momentum.
Economic News - Compared with the same period in 2013, non-residential investment increased by 7.5% in the Quebec City CMA in the first quarter of 2014, reaching a total of $301.6 million. This was the highest increase in the province of Quebec and means that the region has topped the $300 million mark for three consecutive quarters.
Economic News - The Quebec City metropolitan region had a total of 432,700 jobs in April, down 6,000 from the exceptional level recorded in March. The overall number of jobs, however, remains close to the all-time high, while the 12-month picture is also positive, with 7,200 more jobs than in April 2013. In a sure sign that the demand for labour remains high in Quebec City, unemployment stood at 4.5% in April (4.1% in March), one of the lowest rates in Canada.