Document Highlights
Having made large strides in 2021, Quebec’s economic recovery will slow this year. Real GDP is forecasted to grow by 3.4 per cent in 2022 and 2.6 per cent in 2023.
A lack of workers will limit employment gains in the second half of the year at a time when Quebec has some of the highest vacancy rates in the country.
Tight labour market conditions will fuel wage growth, which is expected to exceed inflation from 2023 onwards.

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