19 november 2024
Portrait of and outlook for the labour market for the ecosystem in eastern Montréal
The Chambre de commerce de l’Est de Montréal (CCEM) retained the services of Aviseo Consulting for assistance in developing its portrait of and outlook for the labour market for the ecosystem in eastern Montréal. The main issue faced by eastern Montréal is labour shortages, which are exacerbated by urban mobility issues, mismatches between skills and needs, and barriers to the recruitment of immigrants. By improving mobility, eastern Montreal could improve attraction and retention of workers, academics, and young families and improve quality of life through urban development.
Key figures
- In 2019, there were 421,000 jobs, which corresponds to 19% of jobs in the Montréal CMA.
- Labour force participation is 65.3% in eastern Montreal, which is lower than that of the metropolitan area. The unemployment rate is 8.8%, meaning that it is higher in eastern Montreal than the CMA as a whole.
- Of the workers in eastern Montreal, 57% have a university degree or a diploma of college studies (DEC) from a CEGEP.
- The average salary for an individual working in eastern Montreal is $57,000 and the average salary for an individual residing in eastern Montreal is $51,000, while the average overall salary in the CMA is $62,000.
- Public transit is more popular in eastern Montreal than in the CMA as a whole, with 7% more workers choosing this mode of transportation to get to work.
- Eastern Montreal will need 137,000 new workers by 2030.
- Despite the prospect of 159,000 new graduates in eastern Montreal by 2030, its labour market is under pressure.
- With the introduction of the REM, the number of people living in the Greater Montreal area willing to work in eastern Montréal will rise from 59% to 71%.
Please note this publication is only issued in French.
Insights
See more publications
14 november 2024