Toronto’s employment levels edged up slightly in November 2025, following several months of softening after a strong first half of the year. Total employment rose to 3.73 million in November, up modestly from 3.71 million in October, suggesting a degree of stabilization after late-summer and early-fall declines.
October 2025 Labour Lowdown
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.