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Jobboom Index for September
Quebec Index remains favourable with the creation of 3,800 new jobs
The Quebec Jobboom Index dropped 1.2 points in September to 79.7 %, offsetting the previous month’s gain of 3,800 new jobs. This decrease reflects data compiled by Statistics Canada over the past 10 years, which show a downward trend in job creation in the province of Quebec during the month of September.
The services-producing sector posted a net increase of 5,400 new jobs in August, with gains made in the following sub-sectors: Finance, insurance, real estate and leasing (+ 9,400), Information, culture and recreation (+ 8,400), Accommodation and food services (+ 5,600), Educational services (+ 4,400), Health care and social assistance (+ 1,800) and Public administration (+ 1,700). However, these gains were offset by major losses in the following sub-sectors: Professional, scientific and technical services (-15,000), Business, building and other support services (-7,200) and Other services
(-5,000).
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Meanwhile, Statistics Canada reported a total loss of 1,600 jobs in the goods-producing sector in August, with the majority of losses posted in the following sub-sectors: Manufacturing (-6,700) and Agriculture (-4,600). Meanwhile, the three remaining sub-sectors fared better, posting the following gains: Construction (+ 6,500), Utilities (+ 2,000) and Forestry, fishing, mining, oil and gas (+ 1,400).
Over the past 12 months, employment in Quebec has remained stable.
The Jobboom Index measures job market strength on a monthly basis and compares this performance over the past 120 months. This month’s index ranks 39th out of 120, meaning there were 81 months with weaker indices over the past 10 years. From September 1998 to September 2008, employment in this province has risen by 17 %.
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INDEX
(percent) |
EMPLOYMENT SITUATION |
COMPARED TO AUGUST |
| QUÉBEC |
79.7 |
FAVOURABLE |
-10.9 |
| Ottawa-Gatineau Region |
97.8 |
Excellent |
-0.8 |
| Québec Region |
86.8 |
Favourable |
-0.9 |
| Montréal Region |
68.7 |
Fair |
-2.5 |
| Trois-Rivières Region |
66.4 |
Fair |
-8.6 |
| Sherbrooke Region |
59.8 |
Fair |
1.2 |
| Saguenay Region |
53.1 |
Fair |
6.1 |
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