Thunder Bay Employment Trends
The unemployment rate in Thunder Bay was 4.2% as of April 2025, up 0.1% from the previous month. The unemployment rate stood 7.7% below the peak from June 2020 and is below the long-run average.
There were 800 fewer full-time jobs in April 2025 compared to a month earlier. Combined with a gain of 300 part-time positions, this led to a decrease of 500 total jobs in April.
Full-time employment was still down 4,400 jobs from the peak in April 2023.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.