Unemployment statistics released today show that Canada has lost jobs in the month of October. However, Québec is an exception to this rule and has seen unemployment fall to 8.5% from 8.8% in September.
In Montréal, unemployment has fallen from 9.5% to 9.3% in a month. Although the economy is difficult throughout the world at the moment, Montréal still has a lot going for it. It’s possible that previous pain has created an economy that is more axed on high-tech sectors and is feeling the pinch less that traditional manufacturers.
More more information, check out this article in the Globe and Mail.
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