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Jobboom Index for December

Employment in Quebec remains stable

Quebec gained 1,200 jobs last month. This rather weak performance is mostly due to losses in the finance, insurance, real estate and leasing sector as well as in health care and social assistance (− 27,300). The declines, however, were offset by gains in other services as well as in the information, culture and recreation sector (+ 31,600).

Quebec’s year-to-date net employment record remains positive (+ 41,200), with a growth rate of 1.1 per cent. Employment growth for the past 12 months was 0.8 per cent with a net total of 29,800 new jobs.

   DECEMBER 2005
   FORECAST
89.4%

FAVOURABLE

The Jobboom Index measures job market strength compared to the previous 120 months. This month’s Index ranks 12th out of 120. This means that there were 108 months with lesser Indices over the past 10 years. From November 1995 to November 2005, employment in Quebec grew by 19 per cent.

  INDEX
(percent)		 EMPLOYMENT SITUATION COMPARED TO NOVEMBER
QUÉBEC 89.4 FAVOURABLE -0.5
Ottawa-Gatineau Region 83.5 Favourable +4.6
Québec Region 81.8 Favourable +1.6
Montréal Region 77.5 Favourable -4.4
Trois-Rivières Region 74.7 Fair -1.4
Sherbrooke Region 64.7 Fair +2.2
Saguenay Region 52.7 Fair -3.2