Ottawa Employment Trends
The unemployment rate in Ottawa was 6.3% as of October 2024, unchanged from the previous month. The unemployment rate stood 3.7% below the peak in July 2020 but remains above the long-run average.
There were 2,600 more full-time jobs in October 2024 compared to a month earlier. A gain of 1,000 part-time positions led to an increase of 3,600 total jobs in October.
Full-time employment has recovered since reaching a bottom in April 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
