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.
December Labour Lowdown: Toronto’s Labour Market is Navigating Economic Uncertainty
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,