Hamilton Employment Trends
The unemployment rate in Hamilton was 6.4% as of March 2021, down 0.7% from the previous month. The unemployment rate stood 5.8% below the peak from June 2020 but remains above the long-run average.
There were 2,300 more full-time jobs in March 2021 compared to a month earlier. A gain of 4,200 part-time positions led to an increase of 6,500 total jobs in March.
Full-time employment was still down 10,900 jobs from the peak in October 2019 but stood 23,800 jobs above the recent trough in June 2020.
The number of full-time jobs in March was up from the previous month in transportation & warehousing, the financial sector, professional & scientific services, education, healthcare, information & cultural services, and accommodation & food services.
Full-time job losses in March occurred in agriculture, natural resources, utilities, construction, manufacturing, trade services, business & building services, and public administration.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.