- Joined
- Jul 14, 2012
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- Montreal, QC
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- Liberal
I think that is a headline many people would never expect to read in their lifetime. According to new data Quebec has a lower unemployment rate now than at any time over the past 30 years at 6.2% from 6.8% in October fueled by the manufacturing and tech sectors. Only BC has a better unemployment rate at 6.1%.
The article on Bloomberg.
“I’m stunned -- it’s a banner year” for Quebec, said Sebastien Lavoie, assistant chief economist at Laurentian Bank Securities in Montreal. He linked good times to a construction boom in his hometown, a low dollar boosting service industries and business confidence aided by provincial government budget surpluses.
The article on Bloomberg.