The number of unemployed persons in Canada decreased to 1482.40 Thousand in May of 2026 from 1566.40 Thousand in April of 2026. Unemployed Persons in Canada averaged 1275.72 Thousand from 1976 until 2026, reaching an all time high of 2720.50 Thousand in May of 2020 and a record low of 691.50 Thousand in March of 1976. source: Statistics Canada
Unemployed Persons in Canada is expected to be 1590.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Unemployed Persons is projected to trend around 1630.00 Thousand in 2027 and 1590.00 Thousand in 2028, according to our econometric models.