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Hélène Bégin
Principal Economist
Economic News
Employment Dipped in Quebec but Picked Up in Ontario
April 6, 2023
Employment decreased by 1,600 in Quebec last month, the second straight monthly decline following February’s 15,500 drop. After a period of strong job growth, the tide seems to have turned.
Ontario has been posting impressive job gains since last fall. It added 20,700 workers in March—still a positive print, but a slower pace than in previous months.
Quebec’s unemployment rate edged up from 4.1% in February to 4.2% in March, just above the 3.9% all-time low recorded in January.
Ontario’s jobless rate held steady at 5.1% in March.