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.
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
June Labour Lowdown: Toronto’s Labour Market Better than Expected
Unemployment Up Amid Higher Participation Toronto’s labour market sent mixed signals in May 2025, reflecting early uncertainty stemming from the recent implementation of U.S. tariffs. The unemployment rate rose slightly to 9.1% (up from 8.7% in April), reversing a brief
May Labour Lowdown: Toronto’s Labour Market at a Crossroad.
Despite broader economic turbulence, employment data from both the Labour Force Survey and Jobs TO were moderately positive. Toronto’s unemployment rate edged down slightly to 9.3% in April, from 9.5% in March, interrupting the upward trajectory seen since January. While
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
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
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
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
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.
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