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The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.
- June Unemployment Rate: Brantford 5.7% [+] Ontario 7.0% [+] Canada 6.4% [+]
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.
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
- Visit the Statistics Canada page for full information.
Employment was virtually unchanged in June (-1,400; -0.0%), and the employment rate fell 0.2 percentage points to 61.1%.
The unemployment rate increased 0.2 percentage points to 6.4% in June and has risen 1.3 percentage points since April 2023.
In June, employment fell among young men aged 15 to 24 (-13,000; -0.9%), while it increased for core-aged women (aged 25 to 54) (+19,000; +0.3%).
There were declines in the number of people working in transportation and warehousing (-12,000; -1.1%) as well as in public administration (-8,800; -0.7%) in June. At the same time, there were more people employed in accommodation and food services (+17,000; +1.5%) and in agriculture (+12,000; +5.5%).
Employment declined in Quebec (-18,000; -0.4%) in June, while it increased in New Brunswick (+3,000; +0.8%) and Newfoundland and Labrador (+2,600; +1.1%).
Total hours worked were down 0.4% in June. On a year-over-year basis, total hours worked were up 1.1%.
Average hourly wages among employees increased 5.4% in June on a year-over-year basis, following growth of 5.1% in May (not seasonally adjusted).
The employment rate for returning students aged 15 to 24 was 46.8% in June, down from 51.7% a year earlier (not seasonally adjusted).
Employment virtually unchanged in June
Employment was virtually unchanged (-1,400; -0.0%) in June, following little change in May (+27,000; +0.1%).
The employment rate—the proportion of the population aged 15 and older who are employed—declined by 0.2 percentage points to 61.1% in June, the eighth decrease in the past nine months. The employment rate has declined by 1.3 percentage points from the recent high of 62.4% observed in January and February of 2023.
On a year-over-year basis, employment was up by 1.7% (+343,000) in June 2024. Employment growth in the 12 months to June was faster in the public sector (+4.3%; +183,000) than in the private sector (+0.8%; +106,000). Self-employment in June was up on a year-over-year basis (+2.1%; +55,000), but remained lower than its average from 2017 to 2019 (-4.3%; -121,000), prior to the COVID-19 pandemic.
Local Top Line
- June Unemployment Rate: Brantford 5.7% [+] Ontario 7.0% [+] Canada 6.4% [+]
- The local unemployment rate increased by 0.8 month over month.
- The local labour force contracted by 200 month over month.
- The number of employed decreased by 900 month over month.
- The number of unemployed increased by 700 month over month.
- When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate remains second lowest.
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