Labour Market Bulletin

Transcription

1 Labour Market Bulletin Quebec October 2015 This Labour Market Bulletin provides an analysis of Labour Force Survey results for the province of Quebec and its regions. OVERVIEW In October 2015, employment in Quebec posted a slight loss of 5,600 jobs compared to the previous month. The loss of full-time jobs (-24,600) was partly offset by the addition of part-time jobs (+18,800). On a yearly basis, employment grew 1.2%, at a faster rate than in Ontario (0.1%) and Canada (0.8%). This upward trend is entirely attributable to full-time jobs (+58,700), whereas part-time employment shed 11,600 jobs. Moreover, although a growth in employment could be observed for all age groups, the 55+ age group showed the strongest variation (3.4%). Despite an increase in the number of jobs since October 2014, the unemployment rate has remained stable, at 7.7%, due to the fact that the number of unemployed people grew at the same rate as the labour force. During this period, the participation rate grew 0.4 percentage point, to reach 64.8%. Finally, the employment rate in Quebec has risen from 59.5% to 59.8% in one year, whereas it fell slightly in Canada, to 61.3% (-0.2 percentage points). Quebec Monthly Labour Force Statistics Seasonally Adjusted October September October Monthly Variation Monthly Variation Monthly Data Number % Number % Population 15 + ('000) 6, , , % Labour Force ('000) 4, , , % Employment ('000) 4, , , % Full-Time ('000) 3, , , % Part-Time ('000) % Unemployment ('000) Unemployment Rate (%) 7.7% 7.7% 7.7% Participation Rate (%) 64.8% 64.9% 64.4% Employment Rate (%) 59.8% 59.9% 59.5% Source: Statistics Canada Labour Force Survey CANSIM Table

2 Labour Market Bulletin Quebec October 2015 Page 2 Employment ('000) 4,120 4,100 4,080 4,060 4,040 4,020 Quebec Monthly Employment and Unemployment Rate 4, Oct 2013 Oct 2014 Oct 2015 Employment ('000) Unemployment Rate (%) Unemployment Rate (%) Since last year, employment among men grew 1.4%, compared to 0.9% among women. For the latter, gains in full-time employment (18,600) were higher than in part-time employment (10,300). Among women, despite the loss of 21,900 part-time jobs, the overall picture remains positive, since they gained over two-thirds of new full-time jobs (40,100). Although a growth in employment could be observed for all age groups, the 55+ age group showed the strongest variation (3.4%). Men in this age group were at a significant advantage, as they took the majority of new jobs. On the other hand, the situation was quite different for young people. Young women age 15 to 24 benefited from significant growth (6.8%), due entirely to the addition of full-time jobs, whereas young men suffered losses, primarily in full-time employment. The scenario for the unemployment rate follows the same logic. Whereas young women saw their unemployment rate drop 2.4 percentage points, to 9.3%, the unemployment rate for young men rose from 15.8% to 16.1%, rising 0.3 percentage points. The unemployment rate for the 55 and older age group fell 1.6 percentage points among men, whereas it rose 0.2% among women. Quebec Monthly Unemployment Rates, by Gender and Age Seasonally Adjusted Data October September October Monthly Variation Yearly Variation 2015 (%) 2015 (%) 2014 (%) (% points) (% points) Total years and over Men - 25 years and over Women - 25 years and over to 24 years Men - 15 to 24 years Women - 15 to 24 years Source: Statistics Canada Labour Force Survey CANSIM Table

3 Labour Market Bulletin Quebec October 2015 Page 3 EMPLOYMENT BY INDUSTRY Since October 2014, employment gains are entirely attributable to the service sector, which grew 2.6% (or 84,200 jobs). The highest growth was posted by public administrations, as well as transportation and warehousing, at 12.2% and 11.1%, respectively. On the other hand, the other services sector lost 15,900 jobs (-9.3% of its labour force). The goods-producing sector shed 37,100 jobs (-4.3%). The construction industry has experienced the most significant losses (-36,400 jobs), due to a decline in the number of housing starts over the last year. The forestry, fishing and mining industries also posted a loss of 4,800 jobs, accounting for 14.4% of the labour force. On the other hand, manufacturing added 5,200 jobs over the same period. Quebec Monthly Labour Force Statistics, by Industry Seasonally Adjusted October September October Monthly Variation Yearly Variation Data ('000) Number % Number % Total employed, all industries 4, , , Goods-producing sector Agriculture Forestry, fishing, mining, quarrying, oil and gas Utilities Construction Manufacturing Services-producing sector 3, , , Trade Transportation and warehousing Finance, insurance, real estate and leasing Professional, scientific and technical services Business, building and other support services Educational services Health care and social assistance Information, culture and recreation Accommodation and food services Other services Public administration Source: Statistics Canada Labour Force Survey CANSIM Table REGIONAL ANALYSIS From a regional perspective, 9 economic regions registered employment increases. The most significant growth was posted by the Outaouais (6.5%) and Côte-Nord/Nord-du-Québec (5.7%) regions. However, in terms of the number of jobs created, the most significant gains were observed in Montreal (38,700 jobs). Conversely, 7 economic regions posted employment losses. The most significant variations can be found in Laval and Abitibi-Témiscamingue. In terms of the number of jobs lost, the Laval region suffered the most losses (-32,200).

4 Labour Market Bulletin Quebec October 2015 Page 4 The unemployment rates of nine economic regions were lower than the provincial rate. Compared to the same period last year, the Gaspésie Îles-de-la-Madeleine and Laurentides regions showed the most significant losses. However, the increase in the unemployment rate was the highest in Laval, due to the significant number of jobs lost. Finally, the Capitale-Nationale region had the highest employment rate, at 65.4%, followed closely by Laurentides (65.1%). Conversely, the Gaspésie Îles-de-la-Madeleine, Bas-Saint-Laurent and Mauricie regions had the lowest employment rates in the province (49.6%, 51.9% and 52.1%, respectively). Quebec Monthly Labour Force Statistics, by Economic Region Employment Unemployment Rate Seasonally Unadjusted Data October October Yearly October October Yearly Variation Variation ('000) ('000) (%) (%) (%) (% points) Quebec 4, , Economic Regions Gaspésie Îles-de-la-Madeleine Bas-Saint-Laurent Capitale-Nationale Chaudière-Appalaches Estrie Centre-du-Québec # Montérégie Montréal Laval Lanaudière Laurentides Outaouais Abitibi-Témiscamingue Mauricie Saguenay Lac-Saint-Jean Côte-Nord & Nord-du-Québec Source: Statistics Canada Labour Force Survey CANSIM Table Note: In preparing this document, the authors have taken care to provide clients with labour market information that is timely and accurate at the time of publication. Since labour market conditions are dynamic, some of the information presented here may have changed since this document was published. Users are encouraged to also refer to other sources for additional information on the local economy and labour market. Information contained in this document does not necessarily reflect official policies of Employment and Social Development Canada. Prepared by: Labour Market Analysis Directorate, Service Canada, Quebec For further information, please contact the Labour Market Analysis Directorate at: NC-LMI-IMT-GD@hrsdc-rhdcc.gc.ca For information on the Labour Force Survey, please visit the Statistics Canada website at:

5 Labour Market Bulletin Quebec October 2015 Page 5 Her Majesty the Queen in right of Canada, represented by Employment and Social Development Canada, 2015, all rights reserved