Ontario Gains 6,000 Jobs in January
Province’s Economic Plan Continues to Help Create Jobs
Following a gain of 95,700 net jobs in 2013, Ontario continued to add jobs, with full-time employment increasing by 23,100 positions and overall employment going up by 6,000 net jobs in January. The government continues to focus on creating the right climate to attract investment, create jobs and grow the economy.
Ontario's youth (ages 15-24) employment also increased in January by 7,800 net new jobs and the youth unemployment rate fell to 16.5 per cent.
The province has recovered all the jobs lost during the recession and employment is now 2.6 per cent above the pre-recession peak. January's job gains contributed to an overall increase of 440,000 jobs since the low point of the recession in June 2009. Ontario continues to outpace the United States and the Great Lakes States in job recovery 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.
- This week alone, Ontario has announced investments that will help create and retain more than 485 jobs in the province.
- Ontario has committed over $100 million through Southwestern and Eastern Ontario Development Funds — attracting a total investment of almost $1 billion. This is helping to create and retain more than 24,000 jobs in Ontario communities.
- The government’s new Youth Jobs Strategy will help create job opportunities for about 30,000 youth, while promoting entrepreneurship and innovation.
- Ontario’s Youth Employment Fund has already helped more than 7,041 young people find jobs and gain valuable work experience since it began in September.
- In 2012, Ontario ranked third in North America for the number of foreign direct investment projects.
“Our government’s economic plan is getting results. In January, Ontario created 6,000 net new jobs. We will continue to work hand-in-hand with all Ontarians to invest in people, build modern infrastructure, and create a dynamic and innovative business climate. It’s part of our positive plan to create jobs and grow the economy in all parts of the province.”