Toronto's greatest strength is its diversified economy, which relies on no single industry but rather allows a variety of businesses to thrive in an environment of innovation and synergy. By per centage of the GDP, Toronto's largest industries are financial services, real estate and wholesale and retail trade. A closer look at Toronto's landscape reveals a broad range of job opportunities in both the public and private sectors.
Toronto's business and professional services sector alone includes 24,000 businesses. Among them are 21 of the 30 largest law practices in the country, seven of Canada's 10 largest accounting firms and seven of the 10 biggest advertising and communications agencies in the country. All of the country's top 10 HR and benefits firms are located in Toronto.
Toronto, ON Job Opportunities
Toronto is rife with diverse job opportunities, but some of its most intriguing options are in creative fields like design, fashion and film. Toronto is a major hub for budding fashion designers, offering fashion programs at Seneca College, the Toronto Film School, George Brown College and Ryerson University. Nearly 75 per cent of fashion designers in Ontario are based in Toronto, and the city has the third-largest design workforce in North America.
Home to the largest data centre, largest biotech cluster, and 80 per cent of the mutual fund industry in Canada, Toronto is a leader in nearly every industry. From tech jobs to tourism opportunities, Toronto jobs include something for nearly everyone.
Toronto, ON Employment Trends
Toronto's employment trends are extremely favourable for job seekers in the city. As the labour force has increased 2.3 per cent, employment has grown 4.2 per cent. Meanwhile, unemployment dropped 17.3 per cent between July 2014 and July 2015. Steady growth in employment is projected for the coming years with accompanying decreases in unemployment, furthering this promising trend.