Ontario records steepest drop in labour force since 1976, excluding pandemic
Ontario's labour force saw its largest decline since 1976, excluding pandemic impacts, with a drop of 71,300 jobs in the first quarter of this year. The unemployment rate for young people aged 15 to 24 rose to 15.9 percent, despite a slight decrease in rates for older age groups. Critics, including NDP MPP Jessica Bell, have blamed the provincial government for the poor job numbers and lack of a plan to address youth employment.
- ▪Ontario's labour force declined by 71,300 jobs in the first quarter of this year.
- ▪This decline represents a 0.8 percent drop, the steepest since records began in 1976, excluding the pandemic.
- ▪The unemployment rate for individuals aged 15 to 24 increased to 15.9 percent.
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Ontario’s financial watchdog says the province’s labour force declined in the first quarter of this year at the sharpest rate since records began, excluding the pandemic lockdowns. A new report from the Financial Accountability Office of Ontario said the number of people in work dropped by 71,300 between January and March, a decline of 0.8 per cent.That decline is the steepest drop — barring COVID-19 —since the figure was first tracked in 1976.The labour force estimates people who have done any work, whereas unemployment refers to people actively looking for work who haven’t found. Get daily National news Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
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