Kitchener-Cambridge-Waterloo Employment Trends
The unemployment rate in Kitchener-Cambridge-Waterloo was 7.7% as of September 2026, down 0.5% from the previous month. The unemployment rate stood 5.4% below the peak from July 2020 but remains above the long-run average.
There were 2,500 more full-time jobs in September 2026 compared to a month earlier. Combined with a loss of 100 part-time positions, this led to an increase of 2,400 total jobs in September.
Full-time employment was down 300 jobs from the peak in May 2025 but stood 5,200 jobs above the trough in July 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
