Toronto Employment Trends
The unemployment rate in Toronto was 8.9% as of September 2021, down 0.4% from the previous month. The unemployment rate stood 5.9% below the peak from July 2020 but remains above the long-run average.
There were 17,300 more full-time jobs in September 2021 compared to a month earlier. A gain of 36,300 part-time positions led to an increase of 53,600 total jobs in September.
Full-time employment has recovered since bottoming out in June 2020 and now stands at a record high.
The number of full-time jobs in September was up from the previous month in construction, manufacturing, trade services, the financial sector, professional & scientific services, business & building services, education, information & cultural services, and accommodation & food services.
Full-time job losses in September occurred in agriculture, natural resources, utilities, transportation & warehousing, healthcare, and public administration.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.