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Labour market information and statistics can help you plan your career. Learn more about work trends and the skills, education and training you need for jobs today, and in the future. Find a job: Search for full-time or part-time jobs anywhere in Ontario – or across Canada.
Employment in Ontario grew by 22,400 (+0.3%) in July, with gains exclusively in full-time employment (+1.1%; +69,900), and sizable losses in part-time employment (-3.2%; -47,500). The unemployment rate decreased to 6.7% in July, 0.3 percentage points lower than the previous month.
against the headwinds of inflation, rising wage demands and housing shortages. Yet despite these challenges, the Toronto labour market was remarkably resilient with still-solid job growth. 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 ...
Wage growth in Ontario outpaced inflation in 2023 for most groups of workers. • Following two years of wage growth lagging inflation, the average hourly wage of Ontarians increased 5.1 per cent to $34.63 in 2023, above the 3.8 per cent average annual consumer price index (CPI) inflation rate.
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The Greater Toronto Area had the highest unemployment rate at 6.3% (-2.8 p.p.), followed by Southwestern Ontario (5.5%, -2.0 p.p.), Central Ontario (5.0%, -2.5), Northern Ontario (4.6%, -2.2 p.p.) and Eastern Ontario (4.4%, -2.1 p.p.). Ontario’s unemployment rate in 2022 was 5.6% (-2.5 p.p.).
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How did Toronto's job market perform in 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.
