The Lakelands Association of REALTORS®

Ontario Employment Trends

The unemployment rate in Ontario was 5.3% at the end of February 2020, down 0.1% from the previous month and at the lowest level in nearly two decades.  

Full-time jobs were up from the end of the previous month to a new monthly record.

There were 21,900 more full-time jobs in February 2020 compared to a month earlier. A loss of 12,000 part-time positions led to an increase of 9,900 total jobs in February.

Full-time job gains occurred mainly in construction, manufacturing, the financial sector, prof., sci. & tech. services, healthcare, information & culture services, and public administration. 

These gains offset losses occurring mainly in education, and accommodation & food services.

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