Work

Strong and vibrant cities provide a wide variety of opportunities for secure, well-paid work.

Why it matters:

Toronto and the surrounding Region’s importance in the national jobs landscape has been growing since the 2008 financial crisis:

    - Almost 1in 3 of all jobs created in Canada bet ween 2010 and 2013 were in the Toronto Region.

As of July 2014, the unemployment rate in Toronto was 10.5%:

    - After climbing to almost 21% in 2012, the Toronto youth unemployment rate dropped to 17.6% in 2013, but was still above

      2011’s 17.2%.

Amongst immigrants, unemployment was a more likely prospect for recent immigrants (in Canada less than 5 years) in 2013:

     - On average, 9% of all immigrants were unemployed in the Region. 14% of those who were recent immigrants were

       unemployed, compared to 7% of those here at least 10 years.

    - The unemployment rate for Toronto’s recent immigrant youth (ages 15-24) was 27% in 2013, down from a high of 29% in

      2012.

    - Failing to recognize the qualifications and experience of immigrants costs the Region $1.5 billion to $2.25 billion annually

 

- Toronto's Vital Signs® Report 2014

Boy eating spaghetti
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