Unemployment Rates Rose in Quebec and Ontario in August

Unemployment rose from 4.1% to 4.5% from July to August in Quebec, despite an increase of 27,200 jobs. Despite August’s increase, Quebec is once again the province with the lowest unemployment rate in Canada. Ontario’s unemployment rate went from 5.3% to 5.7%, coupling fewer jobs (-19,200) with a higher labour force (+18,500). It is not surprising to see the number of jobs fluctuating these days, as the economy slows down and falters. Jobs are not likely to increase while the economy of both provinces is slumping, like the rest of the planet.