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Unemployment Rate Canada - Ontario unemployment rate

Ontario Unemployment Rate Drops To 4.9% | New StatCan Data

Last Updated On 5 May 2023, 7:43 PM EDT (Toronto Time)

Ontario Unemployment rate drops by 0.2% to 4.9% in the month of April 2023, the lowest since October 1989.

Furthermore, overall unemployment rate in Canada remained unchanged at 5%.

Today, Statistics Canada released employment data for the month of April 2023 stating that employment in Canada increased by 41,000 (+0.2%), all of which were part-time jobs.

Economist with Capital Economics, Stephen Brown says that much of the job growth is being driven by high levels of immigration, which is helping to reduce vacancies for companies while keeping the unemployment rate stable.

In Ontario, employment increased by 33,000 (+0.4%) in April, bringing the province’s total growth since September 2022 to 205,000 (+2.7%).

Over this period, full-time employment climbed by 122,000 (+1.9%), while part-time employment increased by 82,000 (+6.2%).

Class of workerMar 23Apr 23% change
Public sector employees4,205,4004,218,700+0.3 ⬆
Private sector employees13,228,30013,237,500+0.1 ⬆
Self-employed2,655,0002,674,100+0.7 ⬆

In April, the unemployment rate in the Toronto census metropolitan area (CMA) remained unchanged at 5.5%.

The unemployment rate in the other CMAs in the province ranged from 3.3% in Guelph to 6.7% in Windsor (three-month moving averages).

What is “Jobful Recession”

According to Stephen Brown (Capital Economics’ deputy chief North America), increase in part-time work might keep total employment numbers stable even as the economy slows.

He predicts a “jobful recession,” in which Canadians cling on to lower-paying employment even while the economy declines for a few quarters.

“This is almost like a situation where if we have a recession, it will look like a recession in the statistics, but it won’t necessarily feel like a recession,” he adds.

Province-Wise Unemployment Rate

GeographyUnemployment RateMonthly Change
Alberta5.9%+0.2 ⬆
British Columbia5%+0.5 ⬆
Manitoba4.8%+0.1 ⬆
New Brunswick6.1%+0.3 ⬆
Newfoundland and Labrador10.1%-0.2 ⬇
Nova Scotia6.3%+0.6 ⬆
Ontario4.9%-0.2 ⬇
Prince Edward Island7.1%+0.5 ⬆
Quebec4.1%-0.1 ⬇
Saskatchewan4.8%+0.1 ⬆

Province-Wise Number of Jobs

GeographyEmploymentMonthly Change
Canada20,130,000+0.2% ⬆
Ontario7,919,000+0.4% ⬆
+0.2% ⬆
British Columbia2,779,000+0.1% ⬆
Alberta2,443,000-0.1% ⬇
Manitoba687,000-0.6% ⬇
Nova Scotia497,000+0.3% ⬆
New Brunswick384,000-0.5% ⬇
Newfoundland and Labrador238,000+0.1% ⬆
Prince Edward Island90,000+2.5% ⬆

Industry-Wise Number of Jobs

IndustryMar 23Apr 23% change
Information, culture and recreation832,800848,9001.9
Transportation and warehousing1,014,1001,030,6001.6
Educational services1,473,2001,487,7001.0
Wholesale and retail trade2,955,0002,979,4000.8
Natural resources318,800320,6000.6
Health care and social assistance2,640,0002,641,0000.0
Public administration1,185,0001,185,2000.0
Professional, scientific and technical services1,869,7001,863,600-0.3
Accommodation and food services1,122,4001,117,300-0.5
Other services (except public administration)749,400746,000-0.5
Finance, insurance, real estate, rental and leasing1,404,7001,395,900-0.6
Business, building and other support services724,900710,900-1.9

Which Canadian Province has the lowest unemployment rate?

Quebec has the lowest unemployment rate of 4.1% followed by Saskatchewan and Manitoba at 4.8%.

How much is the unemployment rate in Ontario?

4.9% is the unemployment rate in Ontario as per latest data by Statistics Canada released on May 5, 2023; lowest since October 1989.

What is Canada’s unemployment rate right now?

Canada’s unemployment rate is at 5% as per the latest data reported by Statistics Canada on May 5, 2023.

Canada employment rose by 41,000 (+0.2%) to 20,130,000 in April 2023.


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Ontario unemployment rate