Kitchener-Cambridge-Waterloo Employment Trends
The unemployment rate in Kitchener-Cambridge-Waterloo was 7.1% as of August 2025, down 0.2% from the previous month. The unemployment rate stood 6% below the peak from July 2020 but remains above the long-run average.
There were 200 fewer full-time jobs in August 2025 compared to a month earlier. Combined with a loss of 1,300 part-time positions, this led to a decrease of 1,500 total jobs in August.
Full-time employment was still down 3,900 jobs from the peak in May 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.