In July, Ontario gained 15,100 net new jobs and the province’s youth employment rose by 6,700 net new jobs.
Ontario has recovered all the jobs lost during the global recession and employment is now 3.1% above the pre-recession peak. Last year, the province employment increased by 95,700 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 is planning 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.
“Our government is focused on creating good jobs and ensuring that our economic recovery is being felt in every region of the province. July’s job gains show that Ontario’s economy is trending upwards. We will continue to build Ontario up by creating a positive climate for business that attracts investments and creates jobs now and for the future,” states Brad Duguid, Minister of Economic Development, Employment and Infrastructure.