Between September 2024 and September 2025, overall employment in the Toronto CMA rose modestly by about 18,000 jobs, or 0.5 percent. Growth was driven mainly by consumer-facing sectors. Accommodation and Food Services showed the strongest increase, adding roughly 13,500 positions
August 2025 Labour Lowdown

Toronto’s labour market took a step back in July 2025, erasing June’s gains. The unemployment rate jumped to about 9.8% in July, up sharply from 8.4% in June and well above 7.3% in July 2024. This surge in joblessness came as more people left employment or entered the labour force without finding jobs.