Cornerstone Association of REALTORS - Waterloo Region

Kitchener-Cambridge-Waterloo Employment Trends

 

The unemployment rate in Kitchener-Cambridge-Waterloo was 8.3% as of March 2025, unchanged from the previous month. The unemployment rate stood 4.8% below the peak in July 2020 but remains above the long-run average.

There were 600 more full-time jobs in March 2025 compared to a month earlier. A loss of 1,500 part-time positions led to a decrease of 900 total jobs in March.

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.


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