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Labour Force Characteristics<br />

Employment levels in Real Estate firms are extremely sensitive to changes in <strong>the</strong> economy. A strong<br />

economy or an economic downturn directly impacts <strong>the</strong> industry.<br />

80,000<br />

70,000<br />

60,000<br />

50,000<br />

40,000<br />

30,000<br />

20,000<br />

10,000<br />

0<br />

40,000<br />

30,000<br />

20,000<br />

REAL ESTATE INDUSTRY TOTAL EMPLOYMENT<br />

TORONTO CMA 2006-2011<br />

2006 2007 2008 2009 2010 2011<br />

Total Employment Employees Self-employed<br />

EMPLOYMENT BY EDUCATIONAL ATTAINMENT<br />

TORONTO, CMA 2006-2011<br />

2011-2012 by <strong>the</strong> numbers<br />

• 73,990 <strong>Toronto</strong> CMA residents<br />

employed.<br />

• 50.1% live in <strong>the</strong> City <strong>of</strong><br />

<strong>Toronto</strong><br />

• 41.4% were self employed<br />

• 49.9% were females<br />

• 59,330 worked full time<br />

• 14,660 worked part time<br />

• Annual average employment<br />

growth rate between 2006-2011<br />

was at just 6.1%.<br />

• Average wage/hour – $23.93<br />

• 43,674 people employed in<br />

SMEs in June 2012<br />

• About 12% employed in<br />

establishments with 50-99<br />

employees.<br />

10,000<br />

0<br />

2006 2007 2008 2009 2010 2011<br />

High School Graduate<br />

Post 2nd Diploma/Cerficate<br />

Some Post Secondary<br />

University Degree<br />

Sources for above and right:<br />

Statistics Canada, Labour Force Survey & Canadian Business Patterns<br />

• Between 2006-2011, <strong>the</strong><br />

workforce with a university<br />

Degree increased by 78.4%<br />

• 41% have a University Degree<br />

and 31% a Post 2nd Diploma<br />

• 24% <strong>of</strong> <strong>the</strong> workforce is between<br />

25-34 years old and 28% is<br />

between 45-54 years old<br />

Local Labour Market Update 2013 • <strong>Toronto</strong>’s Opportunities and Priorities<br />

22

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