February 8, 2022
The first Labour Force Survey numbers for 2022 were released by Statistics Canada on Friday, allowing us to look at employment conditions in Ontario’s construction industry in January. Construction industry employment in Ontario fell in January by 1.5% (-8,200 jobs) compared to December 2021. This was the lowest level of construction employment in Ontario since May 2021, although it should be emphasized that all of the numbers in this bulletin are unadjusted for seasonality. Looking at January 2022 compared to January 2021, employment was up this January by 6.9% (+34,600 jobs).
The unemployment rate in Ontario’s construction industry rose from 2.8% in December 2021 to 6.2%, although the magnitude of this increase is due to an increase in the construction labour force (+11,500 workers) compared to December alongside the decline in employment.
Ontario’s general unemployment rate increased from 5.3% in December 2021 to 7.4% in January 2022. The January unemployment rate is down however compared to January 2021, when the rate was 10.2%.
FOR MORE INFORMATION, CONTACT:
Director of Research
Ontario Construction Secretariat (OCS)
180 Attwell Drive, Suite 360, Toronto, ON M9W 6A9
P 416.620.5210 ext. 222