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  1. The decrease in employment from 2019 to 2020 was sharper compared to previous recessions, but employment in 2022 is well above the 2019 level and the highest on record at 7,731,600. In 2022, the unemployment rate in Ontario was 5.6%, above the Canadian rate (5.3%) and the fifth lowest rate among provinces.

  2. Record job gains in Ontario during the past two years. Ontario gained 338,300 jobs (4.6 per cent) in 2022. When combined with the rise in 2021, this marks the strongest two-year period of job gains on record. The annual unemployment rate in the province dropped to 5.6 per cent in 2022, the same as the pre-pandemic rate observed in 2019.

  3. Mar 21, 2023 · TORONTO, March 21, 2023 – Today, the Financial Accountability Office of Ontario (FAO) released a report that provides an update on Ontario’s employment performance in 2022 and highlights major challenges facing the province's labour market. Ontario's strong post-pandemic job creation continued in 2022, with employment increasing by 338,300 ...

  4. 5.4% in the second quarter of 2022. 5.1% in June 2022. Year-over-year, Ontario’s employment increased by 6.8% (+495,800) in the second quarter of 2022, while Canada’s employment increased by 5.1% (+959,800). Employment in Ontario in the second quarter of 2022 was 5.0% higher than in the same quarter in 2019, prior to the COVID‑19 pandemic.

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  5. The Toronto Employment Survey counted 1,535,290 jobs in 2023. Total employment in the city of Toronto in 2023 grew by 50,690 jobs (3.4 per cent) from 2022, compared to 33,080 jobs (2.3 per cent) growth between 2021 and 2022. Toronto’s total employment is approaching the pre-pandemic total high of 1,569,800 in 2019, a difference of 34,510 jobs ...

  6. • There were 564,990 jobs in Toronto's Downtown in 2022. Downtown grew faster than the citywide average of 2.3%, gaining 17,290 jobs, or 3.2%, in 2022. The combined 2021 and 2022 growth of 27,680 jobs represents partial recovery of the 2020 losses of 47,350 jobs or -8.1%. However, Downtown employment is still down

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  8. Ontario's labour market records another strong year in 2022. • Ontario's strong post-pandemic job creation continued in 2022, with employment increasing by 338,300 jobs (or 4.6 per cent). When combined with the rise in 2021, this marks the strongest two-year period of job gains on record. The annual unemployment rate in the province dropped ...

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