Employment in Ontario increased by 1,300 in January. Ontario’s youth employment (ages 15-24) rose by 4,500. This brings the total number of employment added since the recessionary low in June 2009 to 508,700.
Here’s a look at Ontario’s job market by the numbers:
508,700 — Employment gain since the depths of the recession in June 2009.
347,500 — Private sector employment gain since June 2009.
6.9% — Unemployment rate in Jan. 2015, down from a recessionary high of 9.6 per cent in June 2009.
15.3% — Youth unemployment rate in Jan. 2015, down 0.6 percentage points from Dec.
3.6 % — Percentage that employment is above the October 2008 pre-recession peak
Creating jobs and opportunities is part of the government’s economic plan for Ontario. The four-part plan is building Ontario up by investing in people’s talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.