Canada Unemployment Rate  1966-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Canada increased to 6.6 percent in May of 2017 from 6.5 percent in the previous month, which was the lowest since October of 2008. Figures came in line with market expectations. The higher unemployment rate is the result of increase in labor force participation rate. The labour force increased by 78.4 thousand while the economy added only 54.5 thousand new jobs bringing the gain in the number of unemployed to 23.9 thousand. Unemployment Rate in Canada averaged 7.70 percent from 1966 until 2017, 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.

Canada Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-07 12:30 PM Mar 6.7% 6.6% 6.7% 6.6%
2017-05-05 12:30 PM Apr 6.5% 6.7% 6.7% 6.7%
2017-06-09 12:30 PM May 6.6% 6.5% 6.6% 6.5%
2017-07-07 12:30 PM Jun 6.6% 6.6%
2017-08-04 12:30 PM Jul 6.6%
2017-09-08 12:30 PM Aug 6.6%




Canada Jobless Rate Edges Up To 6.6%


The unemployment rate in Canada increased to 6.6 percent in May of 2017 from 6.5 percent in the previous month, which was the lowest since October of 2008. Figures came in line with market expectations. The higher unemployment rate results of more people participating in the labour market. The labour force increased by 78.4 thousand while the economy added 54.5 thousand new jobs. As a result, the number of unemployed increased by 23.9 thousand.

There were 1.288 million unemployed persons and those employed totaled 18.365 million. 77,000 new full-time jobs were created while 22,300 part-time jobs were lost. 

Employment increased among youth aged 15 to 24 and men aged 25 to 54. At the same time, employment held steady for women aged 25 to 54 and people 55 years of age and older.

Employment rose in Ontario, British Columbia, Manitoba and Prince Edward Island. There was little change in the other provinces.

In May, employment increased in several industries, led by professional, scientific and technical services as well as manufacturing. There were smaller increases in transportation and warehousing; wholesale and retail trade; as well as health care and social assistance. In contrast, fewer people worked in finance, insurance, real estate, rental and leasing; information, culture and recreation; and public administration.

The number of private sector employees increased in May, while public sector employment and self-employment were little changed.

Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
6/9/2017 1:03:03 PM



Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.60 6.50 13.10 2.90 percent [+]
Employed Persons 18365.70 18311.20 18365.70 9636.70 Thousand [+]
Unemployed Persons 1288.90 1265.00 1748.90 691.50 Thousand [+]
Part Time Employment -22.30 34.30 136.30 -89.80 Thousand [+]
Full Time Employment 77.00 -31.20 148.40 -145.10 Thousand [+]
Employment Change 54.50 3.20 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.80 65.60 67.70 61.40 percent [+]
Youth Unemployment Rate 12.00 11.70 20.70 10.40 percent [+]
Productivity 109.64 108.15 109.64 69.08 Index Points [+]
Labour Costs 115.48 116.36 116.47 49.37 Index Points [+]
Wages 24.23 24.45 24.45 13.73 CAD/Hour [+]
Wages in Manufacturing 25.75 26.19 26.19 14.96 CAD/Hour [+]
Minimum Wages 11.40 11.40 11.40 1.00 CAD/Hour [+]
Population 36.44 35.99 36.44 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 [+]
Living Wage Family 1777.70 1777.80 1777.80 1750.90 CAD/Month [+]
Living Wage Individual 1514.65 1514.72 1514.72 1506.91 CAD/Month [+]
Job Vacancies 374895.00 401590.00 437370.00 328135.00 [+]
Non Farm Payrolls 16136.70 16072.20 16136.70 10863.80 Thousand [+]
Employment Rate 61.50 61.40 63.70 56.00 percent [+]


Canada Unemployment Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.50 13.10 2.90 1966 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
South Korea 3.60 May/17
Mexico 3.50 Apr/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17