Ontario Gains 50,600 Jobs in May
Ontario Government Focused on Growing the Economy and Creating Jobs
The Ontario government's focus on creating jobs and growing our economy continues to get results. In May, the province gained 50,600 jobs. Youth employment rose by 20,200 jobs.
The number of jobs in Ontario has increased 452,500 net jobs from a low in June 2009, with full-time employment up 477,500. This means Ontario has recovered all the jobs lost during the recession and continues to outpace the United States and Great Lakes region in job creation since 2009.
Ontario is focused on providing the right climate to attract investment and build a strong, innovative economy that can provide jobs, opportunities and prosperity for all.
- The government’s new Youth Jobs Strategy would help create job opportunities for about 30,000 youth, while promoting entrepreneurship and innovation.
- In 2012, Ontario ranked third in North America for the number of foreign direct investment projects.
- Ontario is on track to eliminate the deficit by 2017–18. The province is the only government in Canada to beat its fiscal targets for the fourth year in a row.
“Our government is focused on creating jobs and growing Ontario’s economy, and we’re getting results. The increase in jobs during the month of May demonstrates that we are on track to building a strong, innovative economy that provides opportunities, jobs and prosperity for all Ontarians.”