Item - 2023.PH3.5

The Planning and Housing Committee recommends that:

1. City Council forward the report (April 12, 2023) from the Chief Planner and Executive Director, City Planning to the Economic and Community Development Committee.

The Manager, Planning Research and Analytics, City Planning gave a presentation on Toronto Employment Survey 2022.

The attached bulletin summarizes the results of the 2022 Toronto Employment Survey. The bulletin highlights the Survey's key findings and counts of employment and business establishments in the City of Toronto for 2022. The bulletin also reports on the type and longevity of establishments and employment activity in Downtown, the Centres, Secondary Plan areas, designated Employment Areas, and Areas of Employment across the city.

In 2022, the Toronto Employment Survey recorded 1,484,600 jobs citywide, an increase of 33,080 jobs or 2.3% from 2021. Toronto’s economy experienced a partial recovery in 2022, following the record-breaking job losses of 2020 and 2021 due to the onset of the COVID-19 pandemic. Following the loss of 119,890 jobs in 2020, this rebound of 28.0% of the loss can partially be attributed to the removal of pandemic-related Provincial restrictions in the spring of 2022. In 2022, employment increases over 2021 were observed in Community and Entertainment (13.4%), Service (6.7%), Institutional (5.0%), Retail (3.0%) and Manufacturing (1.6%) categories. The only decrease was in the Office category (-0.1%). The Survey counted 71,750 establishments in 2022, a net increase of 1,760 establishments (2.5%) from 2021. In 2022, 6,470 establishments were new to the City.