Toronto Employment Trends
The unemployment rate in Toronto was 6.9% as of September 2026, up 0.1% from the previous month. The unemployment rate stood 8.2% below the peak from July 2020 and is below the long-run average.
There were 1,800 more full-time jobs in September 2026 compared to a month earlier. Combined with a gain of 9,500 part-time positions, this led to an increase of 11,300 total jobs in September.
Full-time employment has recovered since reaching a bottom in April 2026 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
