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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.
Nine of the ten major occupational groups in Ontario had net employment gains in the first ten months of 2022 when compared to the same period in 2021. Management (99,500 or 14.6%), sales and service (81,600 or 5.2%), natural and applied sciences (65,800 or 9.1%) and occupations in education, law and social, community and government services (29,100 or 3.5%) led job gains.
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.
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.
Labour Force Trends – Employment rose in October 2022. Employment increased by 42,700 (+0.6%) jobs in October 2022, with the majority of gains in part-time employment (+37,400; +2.8%). The unemployment rate rose for the fourth consecutive month to 5.9% in October, 0.1 percentage point up from the previous month.
Mar 21, 2023 · Ontario's strong post-pandemic job creation continued in 2022, with employment increasing by 338,300 jobs. 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, the same as the pre-pandemic rate observed in 2019.
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• Ontario's job gains were broad-based across all major age groups and genders. The share of the core-aged population (25-54) that was employed reached a record in 2022, with the rate for females climbing to an all-time high. • The majority of job gains in 2022 were concentrated in full-time, private sector, and permanent positions.
