Cornerstone Association of REALTORS - Hamilton and Burlington

Hamilton Employment Trends

The unemployment rate in Hamilton was 6.8% as of November 2024, up 0.6% from the previous month. The unemployment rate stood 6.4% below the peak from June 2020 but remains above the long-run average.

There were 2,500 fewer full-time jobs in November 2024 compared to a month earlier. A loss of 600 part-time positions led to a decrease of 3,100 total jobs in November.

Full-time employment was still down 2,500 jobs from the peak in October 2024.

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


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