Guelph Employment Trends

The unemployment rate in Guelph was 3.8% as of March 2024, down 0.1% from the previous month. The unemployment rate stood 11.2% below the peak from June 2020 and is below the long-run average.

There were 200 more full-time jobs in March 2024 compared to a month earlier. A gain of 1,200 part-time positions led to an increase of 1,400 total jobs in March.

Full-time employment was still down 300 jobs from the peak in January 2024 but stood 200 jobs above the trough in February 2024.

* 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 ©2024. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

Guelph & District Association of REALTORS®