{"id":122605,"date":"2025-11-08T16:05:14","date_gmt":"2025-11-08T16:05:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/122605\/"},"modified":"2025-11-08T16:05:14","modified_gmt":"2025-11-08T16:05:14","slug":"ontario-gets-surprise-jobs-boost-as-unemployment-drops-slightly","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/122605\/","title":{"rendered":"Ontario gets surprise jobs boost as unemployment drops slightly"},"content":{"rendered":"

Ontario Premier Doug Ford is celebrating a surprise boost in his province\u2019s employment figures, the day after his government tabled a pessimistic fiscal update projecting persistent unemployment.<\/p>\n

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Figures released by Statistics Canada show employment was up by 55,000 in Ontario during October, dropping the unemployment<\/a> rate marginally from 7.9 to 7.6 per cent.<\/p>\n

Canada\u2019s overall unemployment rate remains below Ontario\u2019s at 6.9 per cent<\/a>.<\/p>\n

The 55,000 new jobs added in Ontario made up the vast majority of the 67,000 added nationwide last month.<\/p>\n

\u201cI\u2019m pleased to see Ontario leading the nation in job creation, with 55,000 new jobs added last month despite the challenges we are facing from tariffs and economic uncertainty,\u201d Ford wrote in a social media post.<\/p>\n

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The jobs bump comes the day after Finance Minister Peter Bethlenfalvy tabled his Fall Economic Statement, a fiscal update<\/a> that suggested high unemployment will persist for years.<\/p>\n

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Projecting the next four years, the government revised job creation down from May this year by a total of 1,000 \u2014 with 3,000 fewer in 2025 and 8,000 fewer than expected in 2027.<\/p>\n

The numbers for 2026 and 2028 have been updated upwards.<\/p>\n

The unemployment rate was revised to worsen from 7.6 to 7.8 per cent and is predicted to remain higher than the 2025 budget forecast through to 2028.<\/p>\n

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\u201cEmployment growth is projected to ease further in 2026 to 0.4 per cent as economic growth continues to be impacted by the ongoing trade conflicts and the effect of the associated uncertainty on investment and hiring,\u201d the document said.<\/p>\n

Finance Minister Peter Bethlenfalvy said the figures in his fiscal update were drawn from other forecasts.<\/p>\n

\u201cWe just reflect the private sector forecasts,\u201d he told reporters. \u201cBut you take that information, you have to have a plan. And we ran on a plan back in February, got elected as a majority, we tabled our vision for the province.\u201d<\/p>\n

Unemployment figures have been a key attack on the government by opposition politicians, with the Ontario NDP repeatedly branding Ford as a \u201cjobs disaster.\u201d<\/p>\n

Ontario Liberal MPP Stephanie Bowman also attacked Ford\u2019s record after the fiscal update was tabled.<\/p>\n

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\u201cThe government side comes to this house each and every day blaming U.S. tariffs for all the woes in Ontario when in fact unemployment has been rising for nine quarters under this government,\u201d she said in the legislature.<\/p>\n

\u201cThat\u2019s about seven quarters before U.S. tariffs.\u201d<\/p>\n

\n\t\t&copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"Ontario Premier Doug Ford is celebrating a surprise boost in his province\u2019s employment figures, the day after his…\n","protected":false},"author":2,"featured_media":122606,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,77735,85,46,265,48427,238,2958],"class_list":["post-122605","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ford-government","tag-il","tag-israel","tag-jobs","tag-ontario-politics","tag-politics","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/122605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=122605"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/122605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/122606"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=122605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=122605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=122605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}