Skip to content
Join our Newsletter

City's unemployment rate 4.7 per cent

The city's unemployment rate stood at 4.7 per cent in May, according to Statistics Canada labour market survey numbers issued Friday.
x

The city's unemployment rate stood at 4.7 per cent in May, according to Statistics Canada labour market survey numbers issued Friday.

In all 50,700 people were working while 2,500 were seeking work and 19,700 were not participating for an employment rate of 69.6 per cent and a participation rate of 73.1 per cent. The city's working age population was 53,200.

For the same month last year, the unemployment rate was 4.6 per cent with 51,600 working, 2,500 seeking work and 18,500 not participating for an employment rate of 71.1 per cent and a participation rate of 74.5 per cent. The working-age population was 54,100.

In April, the unemployment rate was 5.7 per cent, with 49,300 working, 3,000 seeking work and 20,500 not participating for an employment rate of 67.7 per cent and a participation rate of 71.8 per cent. The working age population was 52,300.

The margin of error for the May unemployment rate was plus or minus 0.8 per cent, 68 per cent of the time while those for May 2018 and March 2019 were plus or minus 0.7 and 0.9 per cent respectively.

The numbers are based on a three-month rolling average and do not separate full-time and part-time employment.