Industries and Jobs in Toronto
If you are fond of living in big cities like New York and Chicago, then Toronto is the ideal place for you. What also makes Toronto stand out amongst the other similar sized cities such as Los Angeles and New York is its lower crime rate. From a work perspective, Toronto is very promising for professionals in the area. As of August 2019, the mean salary in Toronto is $59,358 CAD and the unemployment rate is down to 6.3 percent. There has also been a reported 4.5 percent annual employment growth rate in Toronto which is higher than both 0.7 percent in Chicago and 1.6 percent in Los Angeles and since 2017 an additional 30,000 more positions were added to the job market. These rates aren’t anticipated to fall anytime in the near future because, by 2041, the city’s projected growth plan estimates that there will be 3.4 million people and 1.72 million jobs in the city of Toronto. As per experts, there would be continued growth in the domain of sales, construction, and prices, in spite of te already flourishing market for new house developments in Toronto
