Hamilton Employment Trends
The unemployment rate in Hamilton was 6.2% as of October 2024, unchanged from the previous month. The unemployment rate stood 7% below the peak in June 2020 and is on par with the long-run average.
There were 2,400 more full-time jobs in October 2024 compared to a month earlier. A loss of 2,100 part-time positions led to an increase of 300 total jobs in October.
Full-time employment has recovered since reaching a bottom in July 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
