Montreal's Vital Signs 2010
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Despite a marked increase in unemployment in the last few years, Montreal is in better shape than Toronto. And our young people have less difficulty finding work, while we expect an increase in worker retirement.

Evolution of Unemployment Rates
Montreal and Toronto CMA
source : Statistics Canada 1
*Seasonally adjusted data from July 2010 - 3 month moving average
  • In 2009, those younger than 25 experienced an unemployment rate of 17.8%, lower than that of Toronto (18.5%), but much greater than that of Vancouver (12%). This rate is 93.5% higher than that of the entire active population of Greater Montreal. 2
  • In 2009, the region had 1,880,400 workers in the employment market, 1% less than in 2008, a decline equal to that in Quebec, but less than that of Canada (-1.6%). Since 2000, annual employment growth was on average 1.4% in the region, 1.5% in Quebec, and 1.7% in Canada. 3
  • In 2009, 18.2% of workers in the region worked part time. For a quarter of these workers, it was an involuntary situation. And twice as many workers were looking for full-time employment (8%) than those who weren’t looking at all (16.4%). In total, 27,300 people working part time and actively seeking full-time employment accounted for 1.45% of the workforce. 4
  • In 2008, the average employment income reached $25,395 in Greater Montreal, an increase of 2% compared to the previous year, similar to the rest of Quebec, where it was $23,723. 5
  • deco travailIn ten years, Montreal will be the second largest Canadian city in terms of the number of retirees, after Vancouver. This population will mostly be women with more education, who have acquired relative financial autonomy. 6
Sources:

1 Working-age population information, Statistics Canada, August 2007
http://www.statcan.gc.ca/pub/71-001-x/2010007/t014-eng.htm
  Working-age population study, Cansim Tables 282-0053 and 282-0055, Statistics Canada
http://www.vitalsignscanada.ca/rpt2007/table-IX-2.pdf
  Taux de chômage, par région administrative, par région métropolitaine de recensement et ensemble du Québec, 1999-2009, Institut de la Statistique du Québec
http://www.stat.gouv.qc.ca/donstat/societe/march_travl_remnr/parnt_etudn_march_travl/pop_active/stat_reg/taux_chomage_reg.htm

2 Working-age population study, Cansim Tables 282-0053 and 282-0055, Statistics Canada
http://vitalsignscanada.ca/rpt2010/VI-4-b-i-app.pdf

3 Working-age population study, Cansim Tables 282-0053, 282-0055 and 282-0064, Statistics Canada
http://vitalsignscanada.ca/rpt2010/IX-3-a-i.pdf

4 Working-age population study, Special Request, Statistics Canada
http://vitalsignscanada.ca/rpt2010/IX-6-iii-app.pdf
http://vitalsignscanada.ca/rpt2010/IX-6-vi-app.pdf
http://vitalsignscanada.ca/rpt2010/IX-6-viii-app.pdf

http://vitalsignscanada.ca/rpt2010/IX-6-x-app.pdf
http://vitalsignscanada.ca/rpt2010/IX-6-xi-app.pdf

5 Revenu personnel et ses composantes par habitant, régions métropolitaines de recensement et ensemble du Québec, 2004-2008, Institut de la Statistique du Québec
http://www.stat.gouv.qc.ca/donstat/econm_finnc/conjn_econm/revenu_personnel/rp08_rmr-hab.htm

6 Retraitées avant 65 ans : regards d’une nouvelle génération, par Anne Quéniart et al. Comité Femmes et développement régional de la Conférence régionale des élus de Montréal, 2005
http://bv.cdeacf.ca/CF_PDF/82869.pdf