Ottawa Real Estate Board

Ottawa Employment Trends

The unemployment rate in Ottawa was 6% as of June 2024, up 0.5% from the previous month. The unemployment rate stood 4% below the peak from July 2020 but remains above the long-run average.

There were 2,200 more full-time jobs in June 2024 compared to a month earlier. A loss of 2,400 part-time positions led to a decrease of 200 total jobs in June.

Full-time employment was still down 9,100 jobs from the peak in October 2023 but stood 3,800 jobs above the trough in April 2024.

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

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