Monthly Labour Market Update Graphic

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

March Unemployment Rate: Brantford 5.1% [-] Ontario 5.3% [-] Canada 5.3% [-]

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 rose by 73,000 (+0.4%) in March. The unemployment rate fell 0.2 percentage points to 5.3%, the lowest rate on record since comparable data became available in 1976.

Employment gains were driven by women aged 55 and older and men aged 25 to 54. Employment increased in both the goods- and services-producing sectors. Gains were concentrated in Ontario and Quebec.

Total hours worked rose 1.3% in March. Average hourly wages increased 3.4% on a year-over-year basis.

March Labour Force Survey (LFS) data reflect labour market conditions during the week of March 13 to 19. Since the February reference week, provinces have continued to ease public health restrictions. Most notably, all capacity limits and proof-of-vaccination requirements were lifted in Ontario, Manitoba, Alberta and Quebec prior to the March reference week.

Employment gains continue in March

Employment rose by 73,000 (+0.4%) in March, driven by an increase of 93,000 (+0.6%) in full-time work.

Employment rose in both the services-producing (+42,000; +0.3%) and the goods-producing (+31,000; +0.8%) sectors in March.

Ontario, Quebec, New Brunswick and Prince Edward Island recorded employment growth.

Total hours worked rose 1.3% in March.

Average hourly wages increased 3.4% on a year-over-year basis.

The proportion of workers who report that they usually work exclusively from home continued to decline in March, down 1.8 percentage points to 20.7%.

Employment growth in March (+73,000; +0.4%) was spread across private sector employees and the self-employed.

Unemployment falls to record low

The unemployment rate fell 0.2 percentage points to 5.3% in March, the lowest rate on record since comparable data became available in 1976.

The adjusted unemployment rate—which includes people who wanted a job, but did not look for one—was below its pre-pandemic level for the first time at 7.2%.

The share of the population aged 15 and older participating in the labour market was 65.4% in March, little changed from February

 


Local Top Line

  • March Unemployment Rate: Brantford 5.1% [-] Ontario 5.3% [-] Canada 5.3% [-]
  • The local unemployment rate decreased by 0.4 month over month.
  • The local labour force expanded by 400 month over month.
  • The number of employed increased by 600 month over month.
  • The number of unemployed decreased by 300 month over month.
  • When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate is 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