In January 2025, Toronto’s labour market surprised economists by exhibiting positive momentum, and aligning with provincial and national employment trends. Analysts had been expecting the economy would have lost significant jobs based on the spectre of proposed U.S. tariffs and
Now More than Ever. Measuring Job Churn.

In Canada’s rapidly evolving economy, measuring job churn—the movement of workers into and out of employment—is essential for understanding labour market dynamics. This is particularly critical in Ontario, the country’s economic powerhouse, where cities like Toronto, Ottawa, London and Hamilton drive