Greater Toronto Employment Trends
The unemployment rate in Toronto was 5.4% at the end of February 2020, down 0.1% from the previous month to the lowest level in more than two decades.
The number of full-time jobs was up from the end of the previous month to a new monthly record.
There were 16,500 more full-time jobs in February 2020 compared to a month earlier. A loss of 10,300 part-time positions led to an increase of 6,200 total jobs in February.
Full-time job gains occurred mainly in utilities, manufacturing, trade services, the financial sector, prof., sci. & tech. services, healthcare, and information & culture services.
These gains offset losses occurring mainly in construction, transportation & warehousing, education, accommodation & food services, and public administration.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.