July 2025 Labour Lowdown

July 2025 Labour Lowdown

Toronto’s Labour Market Rebounds in June. Employment Trends Toronto’s labour market showed a welcome improvement in June 2025. The unemployment rate fell to about 8.4%, down from 9.1% in May, marking the first decline in several months as employers ramped up

JobsTO Labour Lowdown March 2025

JobsTO Labour Lowdown March 2025

Potential Tariffs Take Their Toll Toronto’s labour market is showing clear signs of strain as economic pressures continue to weigh on employment opportunities. As of February 2025, the city’s unemployment rate remains at 9%, unchanged from the previous month, while

JobsTO Labour Lowdown February 2025

JobsTO Labour Lowdown February 2025

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

JobsTO Labour Lowdown October

JobsTO Labour Lowdown October

Toronto’s Labour Market Brightens on Good Economic News After months of a sluggish job market in Toronto and across the rest of the country, September’s labour market exceeded economists’ expectations, with the economy adding more than twice as many jobs

July Labour Lowdown

July Labour Lowdown

Toronto’s labour market conditions have now cooled considerably from where they were a year ago. Although the unemployment rate ticked slightly lower to 8.2%, the decline can be attributed fewer individuals participating in the labour force which declined by 0.8% from May. Particularly striking are the nearly 100,000 jobs lost since June of last year. There are, however, some positive signals in anticipation of further interest rate cuts.

March Labour Lowdown

March Labour Lowdown

Across Canada, labour market conditions largely held with the employment numbers holding steady along with unemployment rates. Unfortunately, the Toronto labour market did not fare as well as the rest of Canada. The unemployment rate in Toronto increased 1.7 percentage points to reach 7.5% in March.

February Labour Lowdown

February Labour Lowdown

Toronto’s unemployment rate jumped to 8.2% last month, an increase of 0.7% from January 2024. The employment rate dipped by 0.4% to 59.8% while labour force participation rates stood steady at 65.2%. Statistic Canada notes that the increase in unemployment

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