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Ontario records largest unemployment rate increase in Canada

Ontario saw the largest unemployment rate increase in the country for the second year running, according to its financial watchdog, which also found that new jobs are still being created in the province.

A new report from the Financial Accountability Office of Ontario found job creation slowed in 2025, with 80,900 jobs created last year.

That figure is a drop from the year before and the slowest pace of job creation since 2015, excluding the COVID-19 pandemic.

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