Kitchener-Cambridge-Waterloo Employment Trends
The unemployment rate in Kitchener-Cambridge-Waterloo was 7.3% as of May 2025, down 0.5% from the previous month. The unemployment rate stood 5.8% below the peak from July 2020 but remains above the long-run average.
There were 3,600 more full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 500 part-time positions, this led to an increase of 4,100 total jobs in May.
Full-time employment has recovered since reaching a bottom in February 2025 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
