Economic News - For the first semester of 2017, the Québec area showed a cumulative gain of 9,700 jobs compared to the first six months of 2016. The unemployment rate remained low, at 4.4%, a slight rise compared to the 4.1% registered during the first quarter.
Economic News - According to new data released by Statistics Canada, the Québec City CMA counted 441,200 jobs in May 2017, a diminution of 4,300 jobs compared to April. The unemployment rate increased by 0.4 percentage points, reaching 4.6% in May, while remaining among the lowest in Canada.
Economic News - In April, the Québec City CMA recorded an unemployment rate of 4.2%, a small 0.1 percentage point raise compared to March. This allowed the CMA to preserve its 2nd place in Canada.
Economic News - The Québec City CMA kicked off 2017 with investments of $192.5 million on the non-residential market in the first quarter, an increase of 2.4% compared to the same period in 2016. In the province of Quebec, the value of non-residential investment reached $2.2 billion for the first three months of 2017, an annual increase of 2%.
Economic News - According to The Conference Board of Canada, the area’s real GDP was $34.6 billion in 2016, a gain of 1.6% compared to 2015. This performance places Québec City as the only major metropolitan area in Canada to have maintained continuous economic growth for 25 years.
Economic News - The Quebec City census metropolitan area (CMA) created 2,100 positions in the first quarter of 2017, marking a total of 447,400 jobs. The region still has one of the lowest unemployment rates in Canada (4.1% at the end of March).
Economic News - The Quebec City census metropolitan area (CMA) kicked off 2017 in fine style by adding 1,300 jobs in January, for a total of 446,600 jobs. For the third consecutive month, unemployment in the region held steady at 4.3%, one of the lowest rates in Canada.
Economic News - Real GDP rose by 1.3% to $34.6 billion in the Quebec City census metropolitan area (CMA) in the third quarter of 2016 compared with the same period in 2015. During the first nine months of 2016, real GDP in the Quebec City region was up +1.4% compared with the same period in 2015.
Economic News - According to Statistics Canada's Labour Force Survey, the Quebec City census metropolitan area (CMA) posted the lowest unemployment rate in Canada in 2016 (4.6%). The regional unemployment rate remained under the 5% mark for the second year in a row (4.7% in 2015).
Economic News - According to Statistics Canada, the Quebec City census metropolitan area (CMA) created 3,100 jobs in October compared with September, for a total of 445,100 jobs. The number of jobs climbed for the fifth month in a row in Quebec City, the longest such period among Canada's Top 8 metropolitan regions.