Guelph Employment Trends

The unemployment rate in Guelph was 7.2% as of May 2026, up 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 1,800 more full-time jobs in May 2026 compared to a month earlier. Combined with a loss of 600 part-time positions, this led to an increase of 1,200 total jobs in May.

Full-time employment was down 9,100 jobs from the peak in January 2024 but stood 3,100 jobs above the trough in March 2026.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.

The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Guelph Employment Trends. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Guelph Employment Trends assumes any responsibility or liability. Copyright ©2026. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

OnePoint Association of REALTORS® - Guelph & District