Province Has Added 113,700 Jobs Since This Time Last Year
A News Release from the Government of Ontario
Posted March 9th, 2018 on Niagara At Large
Employment in Ontario increased by 15,700 jobs in February and the unemployment rate remained unchanged at 5.5 per cent.
According to the recently released 2017-18 Third Quarter Finances, the government is projecting to deliver on its commitment to balance the budget this year while making investments in the programs and services people and families rely on most.
Ontario’s economy has shown steady growth. In fact, since 2014 Ontario’s economy has grown more than Canada’s and all of the other G7 countries, but the government knows that more must be done to ensure that the benefits of a growing economy are shared fairly across the province.
Ontario is committed to modernizing employment standards and labour laws while helping businesses and the economy grow. This includes raising the minimum wage to $14 an hour on January 1, ensuring part-time workers are paid the same hourly wage as full-time workers, introducing paid sick days for every worker, and enabling at least three weeks’ vacation after five years with the same employer.
Ontario’s plan to create fairness and opportunity during this period of rapid economic change includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
- Employment growth has occurred in many economic regions across the province, year-over-year increases include Stratford-Bruce Peninsula (4.3 per cent), Toronto (4.0 per cent) and Hamilton-Niagara Peninsula (3.0 per cent).
- The employment increase was led by monthly gains in the transportation and warehousing and educational services sectors.
- Private-sector forecasters, on average, have estimated that Ontario real GDP increased by 2.8 per cent in 2017.
- Ontario Releases 2017-18 Third Quarter Finances
- The Changing Workplaces Review — Final Report
- Proposed changes to Ontario’s employment and labour laws
“Our government is working hard to build upon the strong employment growth we’ve seen, and we know we can do more. We will continue to work hard to capitalize on the positive momentum by creating an economic environment that allows the private sector to create the good jobs that are the backbone of future economic growth.”
— Steven Del Duca, Minister of Economic Development and Growth
Niagara At Large is also including the following breakdown unemployment stats for key cities and regions in Ontario, including St. Catharines/Niagara. It is also important to note that there are reports that most of the job gains across the country, if not across Ontario and the Niagara region, were in the category of part-time jobs, while full-time job numbers fell – not good news if you are looking for less precarious employment that draws an income one can live comfortably on.
Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (revised numbers from the previous month in brackets):
- Ottawa 5.3 (5.4)
- Kingston, Ont. 5.4 (5.6)
- Peterborough, Ont. 4.9 (4.6)
- Oshawa, Ont. 4.8 (5.2)
- Toronto 5.8 (5.9)
- Hamilton, Ont. 5.3 (4.7)
- St. Catharines-Niagara, Ont. 5.2 (5.9)
- Kitchener-Cambridge-Waterloo, Ont. 5.3 (5.1)
- Brantford, Ont. 5.1 (4.7)
- Guelph, Ont. 5.3 (5.7)
- London, Ont. 6.7 (6.5)
- Windsor, Ont. 4.9 (4.6)
- Barrie, Ont. 6.9 (4.8)
- Sudbury, Ont. 6.7 (6.8)
- Thunder Bay, Ont. 5.8 (5.8)
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