Canada Unemployment Rate  1966-2018 | Data | Chart | Calendar | Forecast

The unemployment rate in Canada fell to 5.7 percent in December of 2017 from 5.9 percent in November and well below market consensus of 6 percent. It is the lowest jobless rate since comparable data became available in January 1976, as the economy added 79,000 jobs. Employment gains were concentrated in part-time work (54.9 thousand) while 23.7 thousand full-time jobs were added. Unemployment Rate in Canada averaged 7.68 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Canada Jobless Rate Declines to Lowest in Over 40 Years


The unemployment rate in Canada fell to 5.7 percent in December of 2017 from 5.9 percent in November and well below market consensus of 6 percent. It is the lowest jobless rate since comparable data became available in January 1976, as the economy added 79,000 jobs. Employment gains were concentrated in part-time work (54.9 thousand) while 23.7 thousand full-time jobs were added.

In December, employment increased for men and women aged 25 to 54 as well as for people aged 55 and over. There was little overall change for youth aged 15 to 24.

The largest employment gains in December were observed in Quebec and Alberta, while there were smaller increases in Nova Scotia, Saskatchewan, New Brunswick and Prince Edward Island.

There were more people working in the services-producing sector, led by finance, insurance, real estate, rental and leasing (up 25 thousand). Employment also increased in "other services" (up 13 thousand), educational services (up 11 thousand), and transportation and warehousing (up 9.5 thousand). In the goods-producing sector, there were more people employed in natural resources (up 5.8 thousand) and construction (up 6.5 thousand) while manufacturing cut jobs (down 3.6 thousand).

The number of self-employed workers increased by 28 thousand in December. At the same time, public sector employment rose by 22 thousand, while the number of private sector employees was stable.


Statistics Canada | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
1/5/2018 2:27:27 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-03 12:30 PM Unemployment Rate 6.3% 6.2% 6.2% 6.2%
2017-12-01 01:30 PM Unemployment Rate 5.9% 6.3% 6.2% 6.2%
2018-01-05 01:30 PM Unemployment Rate 5.7% 5.9% 6% 5.9%
2018-02-09 01:30 PM Unemployment Rate 5.7% 5.9%
2018-03-09 01:30 PM Unemployment Rate 5.8%
2018-04-06 12:30 PM Unemployment Rate 5.9%


Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.90 13.10 2.90 percent [+]
Employed Persons 18647.50 18568.90 18647.50 9636.70 Thousand [+]
Unemployed Persons 1130.40 1156.50 1748.90 691.50 Thousand [+]
Part Time Employment 54.90 49.90 136.30 -102.00 Thousand [+]
Full Time Employment 23.70 29.60 148.40 -145.10 Thousand [+]
Employment Change 78.60 79.50 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.80 65.70 67.70 61.40 percent [+]
Youth Unemployment Rate 10.30 10.80 20.70 10.30 percent [+]
Productivity 108.99 109.62 109.79 69.08 Index Points [+]
Labour Costs 114.90 114.65 116.47 49.37 Index Points [+]
Wages 24.34 24.36 24.67 13.73 CAD/Hour [+]
Wages in Manufacturing 25.13 25.42 26.30 14.96 CAD/Hour [+]
Minimum Wages 14.00 11.40 14.00 1.00 CAD/Hour [+]
Population 36.89 35.99 36.89 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 [+]
Non Farm Payrolls 16348.60 16370.50 16370.50 10863.80 Thousand [+]
Job Vacancies 467685.00 460215.00 467685.00 329710.00 [+]
Living Wage Family 2690.00 2860.00 2930.00 2690.00 CAD/Month [+]
Living Wage Individual 1970.00 2050.00 2080.00 1970.00 CAD/Month [+]
Adp Employment Change -7.10 59.20 59.20 -7.10 Thousand [+]
Employment Rate 62.00 61.80 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.90 13.10 2.90 1966 - 2017 percent Monthly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.00 Nov/17
Italy 11.00 Nov/17
Turkey 10.30 Oct/17
France 9.70 Sep/17
Euro Area 8.70 Nov/17
Canada 5.70 Dec/17
Australia 5.50 Dec/17
Indonesia 5.50 Sep/17
Russia 5.10 Nov/17
Netherlands 4.40 Dec/17
United Kingdom 4.30 Oct/17
United States 4.10 Dec/17
China 3.95 Sep/17
Germany 3.60 Nov/17
South Korea 3.60 Dec/17
India 3.46 Dec/16
Switzerland 3.30 Dec/17
Mexico 3.10 Dec/17
Japan 2.70 Nov/17


Related

Latest