Toronto Employment Trends
The unemployment rate in Toronto was 7.2% as of June 2026, down 0.4% from the previous month. The unemployment rate stood 7.9% below the peak from July 2020 and is below the long-run average.
There were 10,300 more full-time jobs in June 2026 compared to a month earlier. Combined with a loss of 800 part-time positions, this led to an increase of 9,500 total jobs in June.
Full-time employment was down 5,400 jobs from the peak in January 2026 but stood 20,900 jobs above the trough in April 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
