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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 13 days · First seen · Last updated
Economic and labor trends in France and Quebec
Overview
Economic and labor indicators in France and Quebec have shown various fluctuations throughout late 2026.
In the financial sector, markets in France and Quebec exhibited divergent trends. While France saw significant volatility, including a 700% increase in France Tourisme and a nearly 40% rise in the TEC 10 index, major companies like LVMH and Vivendi experienced sharp declines. In Quebec, the top 50 companies by market capitalization faced a difficult September, with an average unweighted return of -3.20%.
Labor market data subsequently highlighted challenges in both regions. In Quebec, August 2026 data indicated a loss of approximately 19,000 jobs, a 0.4% decrease, though the provincial unemployment rate held stable at 5.6%. Meanwhile, the French private sector reported rising absenteeism rates, which reached 4.95%, a level significantly higher than pre-pandemic standards. This increase in France is attributed largely to the lengthening of average sick leave.
Entities
France · Statistics Canada · WTW · Quebec · France Tourisme
Timeline
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[BUSINESS] 2 sourcesEmployment trends show job losses in Quebec and rising absenteeism in France
Quebec saw a loss of 19,000 jobs in August 2026 while the unemployment rate held at 5.6%. Meanwhile, private sector absenteeism in France has risen to 4.95%, driven by longer durations of absence.
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[BUSINESS] 2 sourcesFrench and Quebec markets show divergent annual and monthly trends
French and Quebec markets show mixed results: France sees massive gains in tourism stocks alongside major declines, while Quebec's top 50 companies faced a generally weak September.
Sources
abcbourse.com · jobillico.com · lesaffaires.com · presseagence.fr