Monthly Labour Market Update Graphic

The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.

July Unemployment Rate: Brantford 3.4% [-] Ontario 5.3% [+] Canada 4.9% [=]

Be sure to review the participation rate and the employment rate (reported as percentages), as well as the labour force, the employed, and the unemployed values (reported as absolute numbers). These give a better picture of changes in the market.

Labour Market Report

The report includes annual rates for the last 10 years, comparing Brantford to surrounding CMAs as well as the provincial and national levels.


Overview from Statistics Canada

Employment was little changed (-31,000) in July, and the unemployment rate was unchanged at 4.9%.

Employment declined among older and core-aged women, while it was up among older men.

At the industry level, a decline in the services-producing sector was offset by an increase in the goods-producing sector.

A decrease in the number of employees working in the public sector was tempered by a gain among self-employed workers.

Fewer people were working in Ontario and Prince Edward Island, while employment was little changed in all other provinces.

Total hours worked were down 0.5% in July, after increasing 1.3% in June. Compared with a recent peak in March 2022, total hours worked were down 1.5% in July.

The average hourly wages of employees were up 5.2% (+$1.55 to $31.14) on a year-over-year basis in July, matching the pace of wage growth recorded in June.

Highlights: Employment little changed in July

Employment was little changed on a monthly basis in July (-31,000). Compared with May, employment was down 74,000 (-0.4%).

The number of public sector employees fell by 51,000 (-1.2%) in July, while the number of self-employed workers increased by 34,000 (+1.3%). The number of private sector employees was little changed.

Employment fell among women aged 55 and older (-33,000; -1.7%) and women aged 25 to 54 (-31,000; -0.5%) in July. For men aged 55 and older, employment rose by 32,000 (+1.4%). It was little changed among youth aged 15 to 24 and men aged 25 to 54.

In the services-producing sector, employment fell by 53,000 (-0.3%) in July, with losses spread across several industries, including wholesale and retail trade, health care and social assistance, and educational services.

Employment rose in the goods-producing sector (+23,000; +0.6%) in July.

Total hours worked were down 0.5% in July.

The average hourly wages of employees were up 5.2% (+$1.55 to $31.14) on a year-over-year basis in July, matching the pace of wage growth recorded in June.

Unemployment rate remains at record low

The unemployment rate held steady at 4.9% in July, matching the historic low reached in June.

The adjusted unemployment rate—which includes people who were not in the labour force but wanted to work—remained at 6.8% in July, also matching its record low.

Long-term unemployment dropped 23,000 (-12.2%) to 162,000 in July, the third consecutive monthly decline.


Local Top Line

  • July Unemployment Rate: Brantford 3.4% [-] Ontario 5.3% [+] Canada 4.9% [=]
  • The local unemployment rate decreased by 0.5 month over month.
  • The local labour force expanded by 700 month over month.
  • The number of employed increased by 1,100 month over month.
  • The number of unemployed decreased by 400 month over month.
  • When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate is second lowest.

Note:  Brantford's unemployment reflects a 3 month moving average, whereas Ontario and Canada are monthly figures.  The sample CMA breakdown for Brantford area is detailed in text at the Stats Canada website:  http://www23.statcan.gc.ca/imdb/p3VD.pl?Function=getVD&TVD=117159&CVD=117161&CPV=543&CST=01012011&CLV=2&MLV=3