Canada unemployment rateCanada unemployment rateCanada unemployment rate

Canada unemployment rate

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Key data points


Last release
Observation period
Sep 2024
Next release
Forecast
Highest
13.70% on May 31, 2020
Lowest
2.90% on Jun 30, 1966

About Canada unemployment rate


Category
Labor
Frequency
Monthly
Units
%
In Canada, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Frequently Asked Questions


To calculate Canada unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Canada unemployment rate is 2.90%.
The highest figure Canada unemployment rate has ever reached is 13.70%.
Last month Canada unemployment rate was 6.50%, and the month before that it amounted to 6.60%.