Guelph Employment Trends
The unemployment rate in Guelph was 7.2% as of August 2026, down 0.4% from the previous month. The unemployment rate stood 8% below the peak from June 2020 but remains above the long-run average.
There were 500 more full-time jobs in August 2026 compared to a month earlier. Combined with a gain of 2,100 part-time positions, this led to an increase of 2,600 total jobs in August.
Full-time employment was down 2,700 jobs from the peak in January 2024 but stood 9,400 jobs above the trough in March 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
