Ontario’s employment continued to improve in October 2021. This was the fifth consecutive month that the province saw employment increase.
Here is a look at how employment in Ontario was impacted in October 2021, compiled by our employment experts at Nova Staffing. All data is from the Ontario Government October 2021 Labour Market report.
In October, Ontario had 7.5 million employed individuals, up 37,000 jobs from September, a 0.5% increase. Employment gains were likely due to COVID-19 restrictions further lifting, including capacity limits rising.
The province’s unemployment rate also decreased in October. There were 567,900 (7%) unemployed individuals, a 4% decrease from September. This month, Ontario was above its pre-COVID-19 February levels by 0.6%.
Employment by Age
Youth employment (15-24) continued to improve in October. Youth employment increased by 18,100 jobs, a 1.8% increase from the previous month. Unemployment for this demographic also dropped to 9.9% in October, down from 12.5% in September. October also marked the lowest youth unemployment rate recorded in Ontario since June 1990.
Adult employment (25-54) also increased in October by 18,100 jobs, a 0.4% increase from September. Unemployed for adults decreased to 6.3%. Senior employment (55+) remained unchanged in October compared to September. Unemployment for seniors did increase to 7.2% from 6.6%.
Employment by Sector
Certain industries have seen employment gains at a slower rate than others. Those that saw the greatest employment gains were led by Professional, Scientific, and Technical Services (+87.4K), Information, Culture, and Recreation (+39.8K), Public Administration (+22.2K), and Wholesale and Retail Trade (+21.3%).
Sectors that saw employment loss were led by Accommodation and Food Services (-40.1K), Business, Building, and Other Support Services (=-4.7K), Construction (-32.8K), and Other Services (Except Public Administration) (-29.4K).
Employment by Region
In October, employment in most of Ontario’s. CMAs were close to or above pre-COVID levels. Those that saw the greatest employment gains in October were led by Toronto(+42.7K) and followed by Oshawa(+5.6K), Kitchener-Cambridge-Waterloo (+4.6K), Windsor (+3.4K), London (+2.7K), St. Catharines-Niagara (+2.7K), Greater Sudbury (+1.1K), Kingston (+0.8K), Thunder Bay (+0.6K), Peterborough (+0.6K), Barrie (+0.5K).
Regions that saw employment loss were Ottawa-Gatineau (-9.5K), Belleville (-2.5K), Hamilton (-0.9K), Guelph (-0.5K), and Brantford (-0.1K).
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