Orders: Manufacturing: Total Orders: Value for Canada
Quarterly, Not Seasonally Adjusted
ODMNTO02CAQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,297,198,000.00
Year-over-Year Change
23.08%
Date Range
1/1/1960 - 4/1/2018
Summary
This economic indicator measures quarterly total employment in Ontario, Canada. It provides insight into the province's labor market conditions and overall economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly, Not Seasonally Adjusted employment data for Ontario, Canada tracks the total number of individuals employed in the province on a quarterly basis without seasonal adjustments. This metric is used by economists and policymakers to analyze employment trends and labor market dynamics in the region.
Methodology
The data is collected through national labor force surveys conducted by Statistics Canada.
Historical Context
This employment trend is relevant for assessing the health of Ontario's economy and informing provincial economic policies.
Key Facts
- Ontario's total employment averaged 7.4 million in 2022.
- The employment rate in Ontario was 62.4% as of Q4 2022.
- Ontario accounts for over 38% of Canada's total employment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of individuals employed in the Canadian province of Ontario on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Not Seasonally Adjusted employment data for Ontario provides important insights into the province's labor market conditions and overall economic performance, which is valuable for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers and analysts to assess the health of Ontario's economy and inform provincial economic policies and decision-making.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted employment data for Ontario is published by Statistics Canada with a typical delay of 1-2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (ODMNTO02CAQ189N), retrieved from FRED.