unemployment rate ontario

Ontario unemployment rate just dropped to the lowest number it's been in decades

Canada may have seen its second-worst unemployment rate in recorded history over the course of the pandemic, but it seems that people are finally back on their feet, according to the latest figures from StatCan.

The government agency has released its latest Labour Force Survey, and while employment is up slightly nationwide, Ontario is boasting a pretty impressive return to work compared to other provinces.

While employment numbers declined in Manitoba (by only 0.6 per cent, mind you) last month and remained steady in most of the remainder of the country, it increased in both Ontario and PEI compared to the month prior.

A total of 33,000 people were hired in full- and part-time positions across Ontario in April, marking an uptick of 0.4 per cent, which drove our unemployment rate down to 4.9 per cent — the lowest it's been in the province since October 1989, StatCan says.

Interestingly, this workforce growth wasn't focused in the big city, where the unemployment rate "was little changed at 5.5 per cent," the report notes.

Instead, unemployment was lowest in the city of Guelph, where it now sits at just 3.3 per cent, followed by Thunder Bay, with 3.9 per cent.

This is compared to Windsor, which has the highest unemployment rate in the province at 6.7 per cent, and Kitchener-Cambridge-Waterloo, which saw a rise in unemployment from 5.9 per cent to 6.1 per cent between March and April 2023.

PEI, meanwhile, experienced a whopping 2.5 per cent jump in employment, though this represents only 2,200 workers and the province's unemployment rate is 7.1 per cent, much higher than Ontario's.

Latest Videos

Latest Videos

Join the conversation Load comments

Latest in City

15 things you need to explain to first-time visitors to Toronto

Survivors recall Hurricane Hazel on the 70th anniversary of Toronto's deadliest storm

You can visit parts of the ROM for free all summer long

People are sharing their favourite parts of Toronto that don't really feel like Toronto

Toronto streetcar line about to shut down while another line returns after lengthy closure

People are very suspicious about sudden closure of Ontario Science Centre

Cost of Toronto's Ontario Line subway has ballooned to over $1.74 billion per kilometre

The Ontario Science Centre closed permanently in shocking surprise announcement