Ontario Adds 2,000 Jobs in March
Province Focused on Investing in People and Growing the Economy
NEWS
April 10, 2015
Employment in Ontario increased by 2,000 in March as the governmentˇ¦s economic plan continues to see results by focusing on the provinceˇ¦s greatest strengths ˇV our highly skilled workforce and diverse, innovative economy. This brings the total increase in employment since the recessionary low in June 2009 to 524,500. Ontarioˇ¦s employment recovery from the recession has been faster than in the United States.
Eighty-nine per cent of this increase in employment was in full-time positions and 71 per cent in the private sector. Ontarioˇ¦s unemployment rate has declined from a recessionary high of 9.6 per cent in June 2009 to 6.9 per cent in March.
Through the Southwestern Ontario Development Fund, the province has leveraged almost $44 million in the aerospace, advanced manufacturing and food processing sectors in the past month, securing over 1,400 jobs. This includes investments in Airbus Helicopters Canada, Attica Manufacturing, Wolf Steel, DC Foods and more.
Together, the Southwestern Ontario Development Fund and the Eastern Ontario Development Fund have attracted more than $1.3 billion in investment and helped to create and retain more than 31,000 jobs in Ontario communities.
Creating jobs and opportunities is part of the governmentˇ¦s economic plan for Ontario. The four-part plan is building Ontario up by investing in peopleˇ¦s talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
QUOTE
ˇ§Our governmentˇ¦s plan to foster economic growth and create jobs is working here in Ontario. We are focused on strengthening Ontarioˇ¦s economy by investing in new strategic partnerships, supporting our highly-skilled workforce and exploring business opportunities locally and abroad. We are taking action to help build a competitive and sustainable province with opportunities for all Ontarians to succeed.ˇ¨
ˇX Brad Duguid, Minister of Economic Development, Employment and Infrastructure
QUICK FACTS
„X Ontarioˇ¦s 10-year, $2.5 billion Jobs and Prosperity Fund is part of a comprehensive plan for creating jobs and growing the economy.
„X Ontario is accepting applications for the Southwestern Ontario Development Fund and Eastern Ontario Development Fund from qualified businesses that are growing and creating jobs.
„X The Youth Employment Fund is a key program of the Youth Jobs Strategy. The fund has helped more than 27,000 youth find job opportunities, develop skills and gain work experience since its launch in September 2013.
LEARN MORE
„X 2014 Ontario Economic Outlook and Fiscal Review.
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Andrew Forgione 4/10/2015 |
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