Unemployment hits new historic low in Quebec

According to Statistics Canada, Quebec employment fell 0.6% in April and the unemployment rate fell 0.2 percentage point to 3.9%.

The number of full-time jobs in the province recorded a low of 0.8% between March and April 2022. That’s a drop of 29,800 jobs.

According to the Federal Agency, this decline can be explained by job cuts in the construction and educational services sectors. Quebec is also the province where construction jobs have fallen the most (-16,000, -5.4%).

However, since last month, public administration jobs have increased in number, with an increase of 2.5% or 6,700 jobs.

Conversely, more Québecians got part-time jobs in April, adding 3,200 jobs, up 0.4% from March and continuing the growth of previous months.

“The fall in employment in Quebec in April may come as a surprise. However, this is followed by two months of rapid growth (February and March) that more than offset the declines recorded in January during the lockdown earlier in the year,” said Joëlle Noreau, Senior Economist at Desjardins.

In total, 19,100 jobs have been created in Quebec since the beginning of 2022.

The unemployment rate in the province of La Belle changed little from month to month and remained at a low level of 3.9%.

“In all likelihood, the unemployment rate is likely to fall at a slower pace in the coming months,” Ms Noreau said.

The proportion of 25-54 year olds in the Quebec labor market, which reached 89.5% in April, is still higher than the national level (88.4%).

In the Montreal Census Metropolitan Area (CMA), the jobless rate held steady month-on-month and stood at 4.8% in April. However, in metropolitan France employment fell by 0.9% or 20,400 fewer workers.

While return-to-office work is gradually resuming as health restrictions are lifted nationwide, the Quebec portion of the Ottawa-Gatineau CMA (39.4%) and Quebec City CMA (32.9%) have a rate of People who work from home rate higher than the national average of 26.1%.

In Canada, the unemployment rate fell 0.1 percentage point to 5.2% in April. Employment was little changed, rising 0.1% after two consecutive months of gains.

The neighboring province of Ontario was little changed in April. The unemployment rate was 5.4% (+0.1 percentage point) while employment rose by 0.2% in April. The same can be said for the CMA in Toronto, where the number of employees increased by 8,300 or 0.2% compared to the previous month.

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