Guelph Employment Trends
The unemployment rate in Guelph was 6% as of November 2024, up 0.7% from the previous month. The unemployment rate stood 9% below the peak from June 2020 but remains above the long-run average.
There were 1,100 fewer full-time jobs in November 2024 compared to a month earlier. A gain of 800 part-time positions led to a decrease of 300 total jobs in November.
Full-time employment was still down 9,000 jobs from the peak in January 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.