Guelph, Ont., March 12, 2019—Results from the February update of Canada’s Labour Force Survey show that the Guelph census metropolitan area (CMA) continues on its established path of strong performance in economy and labour force.
“Guelph’s economy and labour force continue to outperform not only our neighbouring communities, but also communities across Canada,” says Scott Stewart, deputy chief administrative officer of Infrastructure, Development and Enterprise for the City of Guelph. “Guelph is a resilient community built for success as evidenced by our having the highest employment rate in Canada.”
In February, the Guelph CMA had the highest year-over-year working-age population growth in Canada (2.6 per cent); this is faster than the Toronto CMA (2.5 per cent). With the increase, 70.2 per cent of working-age Guelph residents are participating in the labour force—the fifth highest rate in Canada.
According to the February survey, the Guelph CMA had the second highest year-over-year employment growth in Canada (8.1 per cent). Guelph also had the lowest unemployment rate and highest employment rate in Canada.
“The strong employment growth numbers for the Guelph region over the past year is a testament to our city being a national leader in economic performance,” notes Tyson McMann, business development analyst for the City.
Labour Force Survey by the numbers
Numbers below show the change of key economic indicators from January to February 2019.
- Population: 137,300 to 137,600 (0.22 per cent growth)
- Labour force: 95,800 to 96,600 (0.84 per cent growth)
- Employment: 94,000 to 94,900 (0.96 per cent growth)
- Unemployment: 1,800 to 1,600 (11.11 per cent decrease)
- Unemployment rate: 1.9 per cent to 1.7 per cent (lowest in Canada)
- Participation rate: 69.8 per cent to 70.2 per cent (fifth highest in Canada)
- Employment rate: 68.5 per cent to 69.0 per cent (highest in Canada)
About Invest in Guelph
Invest in Guelph represents the business development outcomes identified in the City of Guelph’s economic development strategy, Prosperity 2020. Its purpose is to position and promote Guelph as an ideal place to do business.
Tyson McMann, Business Development Analyst
Business Development and Enterprise Services
City of Guelph
519-837-5600 extension 3525