Canada Employment Rate - Forecast

Employment Rate in Canada is expected to be 61.41 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Canada to stand at 61.30 in 12 months time. In the long-term, the Canada Employment Rate is projected to trend around 62.20 percent in 2020, according to our econometric models.


Forecast Data Chart
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Canada Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.8 6 5.9 6 6.1 6.7
Employed Persons 18682 18674 18722 18768 18814 18100
Unemployed Persons 1160 1202 1300 1216 1219 1340
Part Time Employment 82 5.68 3.62 3.62 3.65 3.65
Full Time Employment -28 10.25 14.89 15.84 15.97 16.01
Employment Change 54.1 15.13 17.16 17.25 17.33 17.35
Labor Force Participation Rate 65.4 65.5 65.6 65.6 65.6 67
Youth Unemployment Rate 11.1 12 12 11.5 11.71 11.8
Productivity 109 109 109 109 109 109
Labour Costs 117 118 119 119 119 123
Wages 24.84 24.6 25 24.6 24.86 25.8
Wages in Manufacturing 25.26 26.8 27.4 27.9 25.27 30
Minimum Wages 14 14 14 15 14.54 15
Population 36.96 37.55 37.3 37.77 37.84 37.9
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Non Farm Payrolls 16540 16637 16000 16754 16811 16000
Job Vacancies 462280 459784 459626 459661 459653 459655
Living Wage Family 2690 2750 2750 2830 2834 2800
Living Wage Individual 1970 2048 2057 2047 2038 2028
Adp Employment Change 11.6 44.22 19.51 5.07 46.04 30.88
Employment Rate 61.6 61.41 61.7 61.32 61.3 62.2