As 2024 draws to a close, Toronto’s labour market finds itself at a crossroad. From shifting employment trends to industry-specific challenges and broader geopolitical pressures, the city’s labour market faces uncertainty. Toronto’s employment rate stood at 61.8% in November 2024,
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