Ontario Gains 13,800 Jobs in November
Province Continues to Help Create Jobs and Economic Growth
Ontario's economy saw an increase in job creation in November as the government continues to focus on improving the province's investment climate, attracting new businesses and providing more opportunities for employment.
The province gained 13,800 net jobs last month, contributing to an overall increase of 474,700 jobs since June 2009. Ontario's youth (ages 15-24) employment increased by 4,100 net jobs in November. The youth unemployment rate fell by 0.7 percentage points to 15.3 per cent. Manufacturing sector employment increased by 12,400 in November.
Ontario has recovered all the jobs lost during the recession and continues to outpace the United States and the Great Lakes States in job creation since June 2009.
Creating jobs and growing the economy is part of the government's economic plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.
- The government’s new Youth Jobs Strategy will help create job opportunities for about 30,000 youth, while promoting entrepreneurship and innovation.
- In September, the government launched the Youth Employment Fund to provide $195 million for employment support services, wages and training, and job related costs for youth.
- In 2012, Ontario ranked third in North America for the number of foreign direct investment projects.
- Ontario remains on track to balance the budget by 2017-18.
“Our government's economic plan is getting results. Last month alone Ontario created 13,800 net new jobs, including more than 12,000 jobs in the manufacturing sector. Our government will continue to focus on job number one: growing the economy and creating jobs in communities across the province by investing in people, building modern infrastructure, and supporting a dynamic and innovative business climate.”
Dr. Eric Hoskins