ON360 Transition Briefings 2022 – Recent trends and long-term challenges in Ontario’s labour market

Although recovery is well under way, COVID-19 has had a substantial, unequal, and sustained impact on the Ontario labour market. Several long-term trends also limit the prospects for recovery, including population aging and declining labour force participation rates. These are cause for concern. As the province rebuilds from the pandemic, it is important both for economic and equity reasons that those who suffered most during COVID-19 are brought back into the labour force and employment. The Province can leverage other tools, such as immigration and re-skilling of displaced workers, to ensure a robust labour force for strong and sustainable growth.