Ontario Employment Trends
The unemployment rate in Ontario was 7.7% as of May 2025, up 0.2% from the previous month. The unemployment rate stood 5.3% below the peak from June 2020 but remains above the long-run average.
There were 13,900 fewer full-time jobs in May 2025 compared to a month earlier. Combined with a loss of 5,600 part-time positions, this led to a decrease of 19,500 total jobs in May.
Full-time employment was still down 57,000 jobs from the peak in February 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
