Toronto Employment Trends
The unemployment rate in Toronto was 8.4% as of November 2025, down 0.3% from the previous month. The unemployment rate stood 6.7% below the peak from July 2020 but remains above the long-run average.
There were 22,500 more full-time jobs in November 2025 compared to a month earlier. Combined with a gain of 6,100 part-time positions, this led to an increase of 28,600 total jobs in November.
Full-time employment has recovered since reaching a bottom in July 2025 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
