The number of unemployed persons in Canada increased to 1514.20 Thousand in February of 2026 from 1457.50 Thousand in January of 2026. Unemployed Persons in Canada averaged 1274.51 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 1650.00 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 1570.00 Thousand in 2027, according to our econometric models.