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Mar 11, 2022 · Released: 2022-03-11. Employment climbed 337,000 (+1.8%) in February, more than offsetting losses that coincided with stricter public health measures in January. The unemployment rate dropped 1.0 percentage points to 5.5% in February 2022, lower than in February 2020 (5.7%) and similar to the record low (5.4%) observed in May 2019.
The labour force increased in March (13,500 or 0.2%) compared to February. 7.7 million (61.9%) were employed, up by 35,100 (0.5%) from February. Ontario's unemployment rate fell to a more than two year low of 5.3% in March from 5.5% in February and 429,800 people were unemployed, down 4.8% (21,600) from February.
Mar 8, 2024 · Employment in Ontario held steady in February 2024, and has shown little overall change since June 2023. The employment rate fell from a recent peak of 62.2% reached in June 2023 to 60.6% in February 2024, as the population aged 15 and older in the province grew by 316,000 (+2.5%). With more people in the labour force looking for work, the ...
Mar 12, 2021 · February Labour Force Survey (LFS) data reflect labour market conditions during the week of February 14 to 20. In early February, public health restrictions put in place in late December were eased in many provinces. This allowed for the re-opening of many non-essential businesses, cultural and recreational facilities, and some in-person dining.
Source: Statistics Canada Labour Force Survey – Table 14-10-0287, formerly CANSIM 282-0087 In March, the unemployment rate fell 0.2 percentage points to 5.3%, the lowest since February 2020. The participation rate was unchanged from February 2022, at 65.4%. Ontario’s unemployment rate in March was equal to the national rate.
The horizontal bar chart shows Ontario’s annual employment change by real hourly wage in 2022, measured in per cent. Employment increased by 1.0% for those earning at least $40 per hour, by 7.4% for those earning hourly wages of $20.00 to $39.99 and by 6.2% among those earning less than $20 per hour.
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Why is labour force growth so slow in Ontarians?
COVID-19 has had a substantial, unequal, and sustained impact on the Ontario labour market. As the province rebuilds, it is important both for economic and equity reasons that those who suffered most during COVID-19 are brought back into the labour force and employment. The Province can leverage tools, such as immigration policy and re-skilling of displaced workers, to ensure a robust labour ...
