Kitchener-Cambridge-Waterloo Employment Trends
The unemployment rate in Kitchener-Cambridge-Waterloo was 8.6% as of March 2026, unchanged from the previous month. The unemployment rate stood 4.5% below the peak in July 2020 but remains above the long-run average.
There were 100 more full-time jobs in March 2026 compared to a month earlier. Combined with a loss of 1,000 part-time positions, this led to a decrease of 900 total jobs in March.
Full-time employment was down 1,100 jobs from the peak in January 2026 but stood 100 jobs above the trough in February 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.


