Ontario Employment Trends
The unemployment rate in Ontario was 7.5% as of March 2026, down 0.1% from the previous month. The unemployment rate stood 5.5% below the peak from June 2020 but remains above the long-run average.
There were 15,100 fewer full-time jobs in March 2026 compared to a month earlier. Combined with a loss of 8,000 part-time positions, this led to a decrease of 23,100 total jobs in March.
Full-time employment was down 23,300 jobs from the peak in December 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
