The labor force participation rate in Canada decreased to 64.9 percent in April of 2021 from 65.2 percent in the previous month. source: Statistics Canada
Labor Force Participation Rate in Canada averaged 65.63 percent from 1976 until 2021, reaching an all time high of 67.70 percent in December of 2003 and a record low of 60 percent in April of 2020. This page provides the latest reported value for - Canada Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Labor Force Participation Rate in Canada is expected to be 65.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Canada to stand at 65.20 in 12 months time. In the long-term, the Canada Labor Force Participation Rate is projected to trend around 65.60 percent in 2022 and 66.00 percent in 2023, according to our econometric models.