Province Focused on Growing the Economy, Building Ontario Up
Ontario gained 39,500 net new jobs in July, 24,400 more than previously reported in the Statistics Canada Labour Force Survey. The province’s youth (ages 15-24) employment increased by 15,200 net new jobs.
July’s job gains contributed to an overall increase of 497,500 jobs since the low point of the recession in June 2009 with full-time jobs up 442,400. In 2013, Ontario employment increased by 95,700 new jobs.
Creating jobs and building opportunities are part of the government’s plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.
- Statistics Canada today corrected the Labour Force Survey for the month of July after discovering a processing error in the original August 8 data. The corrected July job numbers for Ontario indicate 39,500 net new jobs.
- Ontario’s Youth Jobs Strategy is creating job opportunities for about 30,000 youth over two years. It has already created internships and job placements for more than 20,000 youth in the province.
- Ontario plans to introduce a new 10-year, $2.5 billion Jobs and Prosperity Fund as part of its comprehensive plan for creating jobs and growing the economy.
- The Southwestern and Eastern Ontario Development Funds have attracted more than $1 billion in investment and have helped to create and retain more than 28,000 jobs in Ontario communities.
- Ontario was the number one jurisdiction in North America for foreign direct investment capital in 2013.