In September 2026, Quebec reported a significant decrease in employment, with 49,000 jobs lost during the month. This decline is part of a broader trend in which the province's employment numbers have been falling, leading to an increase in the unemployment rate. Notably, Montreal has experienced a considerable impact from these job losses.
The job market in Canada as a whole is also facing challenges, with national statistics indicating a loss of 68,000 jobs in September. This decline has raised concerns about economic stability, particularly ahead of the upcoming Bank of Canada decision scheduled for October 28. Various regional sectors are being affected differently by these changes, indicating that not all areas of the country are experiencing the impacts of job losses in the same way.
Organizations advocating for workers have expressed concern over the significant scale of job losses, especially in areas like Quebec. The effects of these employment declines may influence economic policy discussions and the government's response to job market challenges.
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