Quote:
Originally Posted by Docere
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This
report is a bit old, using 2016 census figures as its latest source of employment, but it paints an insightful picture of where jobs were added or taken away between 2006 and 2016 in the GTA.
I think these trends continued into 2021, but basically downtown Toronto was really the only major employment centre that saw a significant increase in jobs - 86,000, to be exact, between 2006 and 2016.
The inner suburbs lost jobs, even as population and the total number of people employed obviously grew. Even if we don't have more recent data at our fingertips, you can see this indirectly through the value of commercial real estate in suburban office parks. An aging suburban office park, post-COVID/WFH, is almost worthless.
It's possible that the job losses in the suburbs reversed themselves, but my guess is that it's more low paying, blue collar employment in transportation and logistics, and those would go to new facilities on the edge of suburbia near highways, as opposed to higher paying white collar jobs in office parks in the inner suburbs.