Québec labour market remained stable in 2014

Montréal, March 18, 2015 – After four years of continued employment growth, the Québec labour market remained stable in 2014. Despite this stability, certain workers fared well. Indeed, there was an increase in permanent employment (+ 16,400) and growth among self-employed workers (+ 7,200) and university graduates (+ 34,200). The unemployment rate was little changed (+ 0.1 points) and stood at 7.7% in 2014. The average hourly wage grew faster than the consumer price index (+ 2.8% vs. + 1.4%). These are among the main findings of the publication État du marché du travail au Québec. Bilan de l'année 2014 made public today by the Institut de la statistique du Québec using data from Statistics Canada's Labour Force Survey.

The employment rate of workers aged 55 and over reaches a new high

Unlike men (– 16,400), women registered employment gains (+ 15,500) in 2014. The number of jobs held by workers aged 15 to 24 (– 5,200) and those aged 25 to 54 (– 29,600) dropped, while it increased among workers aged 55 and over (+ 33,800). The employment rate (31.2%) for the latter reached its highest level since the beginning of the chronological series in 1976.

Job creation in the services-producing sector offset by losses in the goods producing sector

Employment stability in 2014 was due to a contraction in the goods-producing sector (– 22,800), which was offset by growth in the services-producing sector (+ 21,700). While health care and social assistance (+ 15,400) and accommodation and food services (+ 12,700) had the largest employment increases, construction (– 16,500) and professional, scientific and technical services (– 8,100) recorded drops. On a regional level, the Montérégie region recorded the strongest employment growth in 2014 (+ 16,100), as opposed to Montréal where 16,000 jobs were lost. The Chaudière Appalaches region had the lowest unemployment rate in Québec (5.3%).

Part-time work increased (+ 31,400), while full-time work declined (– 32,500). Therefore, Quebecers’ weekly work hours decreased by 0.2 hours to 34.8 hours in 2014. While the work hours of employees remained almost stable at 34.2 hours, those of self-employed workers declined from 39.6 to 38.6 hours (– 1.0 hour).

The publication État du marché du travail au Québec. Bilan de l’année 2014 also provides an overview of labour market conditions in the whole of Canada and in the other provinces. In addition, it examines labour market participation according to the presence or absence of children. Lastly, this publication has a section dealing with labour market outcomes of immigrants.

 


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