The Overheated Labour Market Gets Hotter in Quebec and Continues to Sizzle in Ontario

Summary of the publication

Employment fell for a second month in a row in the two main provinces. In July, Ontario shed 27,400 jobs and Quebec, 4,500.

The unemployment rate rose slightly in Ontario between June and July from 5.1% to 5.3%.

In Quebec, the unemployment rate dipped from 4.3% in June to 4.1% in July, as the number of people looking for a job decreased.

The increase in wages continues to accelerate in Quebec. The average hourly wage jumped from 7.5% in June to 8.1% in July, in terms of annual variation.

Wage growth held at around 5% in Ontario, shifting from 5.2% in June to 4.9% in July.