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Unemployment Rate

Key Highlights

  • Peel’s quarterly average unemployment rate was 6.7 per cent in Q2 2019, unchanged from the rate recorded in Q2 2018.
  • At 6.7 per cent, this remained the lowest second quarter unemployment rate in Peel since Peel-specific labour market data became available in 2003.

Peel’s overall (15 years and over) quarterly average unemployment rate has shown short-term fluctuation on a generally downward path since Q2 2012.

In Q2 2018 and 2019, the rate remained at 6.7 per cent, which was the lowest second-quarter rate recorded in Peel since 2003.

Lower respective rates of 14.3 per cent and 5.2 per cent were recorded in the youth (15 – 24 years) and adults (25 years and over) segments of the market.