REALTORS® Association of Hamilton and Burlington

Hamilton Employment Trends

The unemployment rate in Hamilton was 6% as of January 2024, up 0.4% from the previous month. The unemployment rate stood 7.2% below the peak from June 2020 and is below the long-run average.

There were 2,900 fewer full-time jobs in January 2024 compared to a month earlier. A gain of 2,900 part-time positions led to an unchanged number of total jobs in January.

Full-time employment was still down 3,800 jobs from the peak in July 2023 but stood 200 jobs above the trough in September 2023.

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

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