Toronto Employment Trends
The unemployment rate in Toronto was 8.9% as of September 2025, unchanged from the previous month. The unemployment rate stood 6.2% below the peak in July 2020 but remains above the long-run average.
There were 13,500 more full-time jobs in September 2025 compared to a month earlier. Combined with a loss of 21,200 part-time positions, this led to a decrease of 7,700 total jobs in September.
Full-time employment was still down 52,500 jobs from the peak in February 2025 but stood 16,400 jobs above the trough in July 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
