The city's unemployment rate stood at 4.3 per cent in September, according to an estimate based on Statistics Canada labour market survey results.
The number represents a decline from 6.7 per cent recorded for the same month last year as the number of people working rose to 55,500 from 52,700 while those looking for jobs declined to 2,500 from 3,800. People not looking for work held steady at 25,000.
The estimated number of people of working age stood at 83,000, up from 81,500.
Month-over-month, the unemployment rate fell from 5.1 per cent in August. Some 300 more people were working and 500 more people were looking for work while 1,000 fewer were classified as inactive and there were 100 fewer people of working age, according to a Statcan estimate.
However, Statistics Canada strongly advises against making a month-over-month comparison because the data has not been adjusted for seasonal factors.
The numbers are based on a three-month rolling average.
The estimate for the unemployment rate for September is accurate to within plus-or-minus 0.9 percentage points 68 per cent of the time. For September 2021, it is is plus-or-minus 1.0 percentage points and for August 2022, plus-or-minus 1.0 percentage points, both also 68 per cent of the time.
