The unemployment rate in Canada remained unchanged at 5.7 percent in August of 2019, matching the high of April and in line with market expectations. Employment rose by 81,100, well above an expected 15,000 gain, driven by both full-time employment (+23,800) and part-time employment (+57,200). Unemployment Rate in Canada averaged 7.62 percent from 1966 until 2019, reaching an all time high of 13.10 percent in December of 1982 and a record low of 2.90 percent in June of 1966.

Unemployment Rate in Canada is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Canada to stand at 6.20 in 12 months time. In the long-term, the Canada Unemployment Rate is projected to trend around 5.60 percent in 2020, according to our econometric models.

Canada Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-07 12:30 PM Unemployment Rate May 5.4% 5.7% 5.7% 5.7%
2019-07-05 12:30 PM Unemployment Rate Jun 5.5% 5.4% 5.5% 5.8%
2019-08-09 12:30 PM Unemployment Rate Jul 5.7% 5.5% 5.5% 5.5%
2019-09-06 12:30 PM Unemployment Rate Aug 5.7% 5.7% 5.7% 5.70%
2019-10-11 12:30 PM Unemployment Rate Sep 5.7% 5.70%
2019-11-08 01:30 PM Unemployment Rate Oct 5.8%
2019-12-06 01:30 PM Unemployment Rate Nov 5.8%



Canada Jobless Rate Remains at 4-Month High of 5.7%

The unemployment rate in Canada remained unchanged at 5.7 percent in August of 2019, matching the high of April and in line with market expectations. Employment rose by 81,100, well above an expected 15,000 gain, driven by both full-time employment (+23,800) and part-time employment (+57,200).

In August, employment increased in Ontario (+58,000), Quebec (+20,000), Manitoba (+5,200), Saskatchewan (+2,800) and New Brunswick (+2,300), while it was little changed in the remaining provinces.

Following a decline in July, the number of private-sector employees increased by 94,000 in August, while the number of public-sector employees and self-employed workers held steady.

There were more people employed in finance, insurance, real estate, rental and leasing (+22,000); educational services (+21,000); and in professional, scientific and technical services (+17,000). In contrast, employment declined in business, building and other support services (-22,000).

Employment among youth aged 15 to 24 increased by 42,000, and among those aged 55 and over it went up 22,000 while employment among men and women in the core working ages of 25 to 54 was little changed. 

The labour force participation rate increased to 65.8 percent in August from 65.6 percent in July and compared with market expectations of 65.7 percent.


Statistics Canada | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/6/2019 12:46:19 PM



Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.70 13.10 2.90 percent [+]
Employed Persons 19111.50 19030.40 19111.50 9636.70 Thousand [+]
Unemployed Persons 1160.10 1149.90 1748.90 691.50 Thousand [+]
Part Time Employment 57.20 -12.60 136.30 -124.40 Thousand [+]
Full Time Employment 23.80 -11.60 148.40 -145.10 Thousand [+]
Employment Change 81.10 -24.20 106.50 -124.80 Thousand [+]
Labor Force Participation Rate 65.80 65.60 67.70 61.40 percent [+]
Youth Unemployment Rate 11.50 11.40 20.70 10.00 percent [+]
Productivity 106.30 106.09 106.56 67.27 Index Points [+]
Labour Costs 108.85 108.10 108.85 43.75 Index Points [+]
Wages 25.74 25.71 25.75 13.73 CAD/Hour [+]
Wages in Manufacturing 25.89 25.90 26.37 14.96 CAD/Hour [+]
Minimum Wages 14.00 14.00 14.00 1.00 CAD/Hour [+]
Population 37.31 36.96 37.31 17.91 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 2.50 3.40 5.50 -0.40 percent [+]
Job Vacancies 506140.00 547330.00 550670.00 330215.00 [+]
Living Wage Family 2580.00 2640.00 2640.00 2440.00 CAD/Month [+]
Living Wage Individual 1930.00 1960.00 1960.00 1790.00 CAD/Month [+]
Non Farm Payrolls 16925.70 16936.30 16936.30 10863.80 Thousand [+]
Adp Employment Change 49.30 30.20 74.00 -21.20 Thousand [+]
Average Hourly Earnings 28.81 28.99 28.99 15.88 CAD [+]
Employment Rate 62.00 61.90 63.70 56.00 percent [+]


Canada Unemployment Rate

In Canada, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.70 13.10 2.90 1966 - 2019 percent Monthly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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