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- Toronto, Ontario 8.0
www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410035401Regional unemployment rates used by the Employment Insurance ...
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Sep 6, 2024 · From August 9, 2020 to September 25, 2021, Employment and Social Development Canada applied a minimum unemployment rate of 13.1% for Employment Insurance (EI) economic regions with an unemployment rate lower than 13.1%; regions with a higher unemployment rate kept their actual rate.
- The Daily — Labour Force Survey, January 2023
In the census metropolitan area of Toronto, employment...
- The Daily — Labour Force Survey, January 2023
The unemployment rate in Toronto was 8% as of August 2024, up 0.3% from the previous month. The unemployment rate stood 7.1% below the peak from July 2020 but remains above the long-run average. There were 3,800 more full-time jobs in August 2024 compared to a month earlier.
In 2020, the Toronto Employment Survey recorded 1,449,910 jobs citywide, a decrease of 119,890 jobs or 7.6% from 2019 (see Table 1). The decline follows a sustained period of growth from 2010 to 2019 that saw an annualized 2.1% net increase in employment (see Figure 1).
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Total Employment. The Toronto Employment Survey counted 1,535,290 jobs in 2023. Toronto’s economy continues to recover from the record-breaking job losses in 2020 and 2021 due to the COVID-19 pandemic. In 2023, the Toronto Employment Survey recorded a 3.4% increase in total jobs, up 50,690 jobs.
Toronto’s total employment is approaching the pre-pandemic total high of 1,569,800 in 2019, a difference of 34,510 jobs (2.2 per cent) in 2023. Full-time employment increased by 38,270 jobs (3.4 per cent) from 2022. Part-time employment increased by 12, 410 jobs (3.6 per cent) from 2022.
February 2022: Toronto’s unemployment rate fell 1.8% points to 5.5% (lowest since February 2020) Achieve significant milestone by increasing by 116,000 jobs (+3.3%) bringing overall # of jobs to above pre-pandemic level; Employment Rate as of Dec 2021, rate in Toronto was 60.9%
Feb 10, 2023 · In the census metropolitan area of Toronto, employment increased by 28,000 (+0.8%), and the unemployment rate was 5.9%. Employment was up by 47,000 (+1.1%) in Quebec in January, the third significant employment increase since September.