The unemployment rate falls to 6.1 % in the Saguenay-Lac-Saint-Jean in 2018

Le taux de chômage baisse à 6,1 % au Saguenay-Lac-Saint-Jean en 2018

The unemployment rate in the Saguenay-Lac-Saint-Jean reached 6.1%, in 2018, the rate is the lowest that the region has been known since at least the last 10 years.

In 2017, the unemployment rate had ended the year at 6.9%, continuing the decline that started since 2013, when it reached 9.9 per cent.

This decrease is explained, among other things, by the decrease of the active population, or the portion of the working-age population, the aging of the population.

This is the lowest rate reached since at least the last ten years, according to data available on the website of the Institut de la statistique du Québec.

Record rates in the country

The unemployment rate has hit a record low, reaching 5.6% for the year 2018 in Canada, decreasing two-tenths of a point.

“This is the lowest rate observed since January 1976, when comparable data became available,” emphasizes Statistics Canada in its labour force Survey for December, released Friday.

Employment has increased by 163 000, or 0.9% to the country during this period, a pace of growth lower than that registered in 2017, with 2.3%, and 1.2% in 2016.

December

In December, in Saguenay-Lac-Saint-Jean, the unemployment rate rose three-tenths of a percentage point from 5.3% in November to 5.6%, according to non-seasonally adjusted data from Statistics Canada.

Across the country, the unemployment rate remained unchanged in December, standing at 5.6%, and 5.5%, for the province of Quebec.

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