More jobs in Ontario
Dr. Eric Hoskins, Ontario Minister of Economic Development, Trade and Employment, is upbeat about jobs creation in the province. Ontario’s economy continued to gain strength as the provincial government continued its focus on job creation and economic growth.
In August, the province gained 43,600 jobs, the second largest gain made in a month since 2009.
Youth employment rose by 13,300 jobs.
Ontario’s new Youth Jobs Strategy would help create job opportunities for about 30,000 youth, while promoting entrepreneurship and innovation.
The Youth Employment Fund provides $195 million in funding for employment support services, wages and training, and job related costs for youth.
Employment in Ontario has increased by 477,300 net jobs from a low in June 2009, with full-time employment up 442,200.
This means Ontario has recovered all the jobs lost during the recession and continues to outpace the United States and all of the Great Lakes states in job creation since June 2009.
Job creation in Ontario’s manufacturing sector increased by 7,300 jobs for the month of August.
In 2012, Ontario ranked third in North America for the number of foreign direct investment projects.
“We’re focused on strengthening Ontario’s economy by investing in our highly skilled workforce, boosting our innovative business climate and taking advantage of opportunities at home and abroad,” said Dr. Eric Hoskins, Minister of Economic Development, Trade and Employment. “We will continue to focus our efforts on building a thriving economy that provides opportunities, jobs and prosperity for all Ontarians.”
Posted: Oct 30, 2013