Guelph Employment Trends
The unemployment rate in Guelph was 6.3% as of February 2026, down 0.7% from the previous month. The unemployment rate stood 8.9% below the peak from June 2020 but remains above the long-run average.
There were 100 more full-time jobs in February 2026 compared to a month earlier. Combined with a gain of 2,300 part-time positions, this led to an increase of 2,400 total jobs in February.
Full-time employment was down 9,000 jobs from the peak in January 2024 but stood 2,200 jobs above the trough in April 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
