The unemployment rate in Canada was at 5.8 percent in March 2019, unchanged from the previous month and in line with market expectations. It remained the highest jobless rate since October last year for the third consecutive month.Employment declined unexpectedly by 7.2 thousand, against market expectations of a 1 thousand gain. In the first quarter of 2019, employment rose by 116 thousand. Unemployment Rate in Canada averaged 7.64 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 6.00 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
2019-01-04 01:30 PM Unemployment Rate 5.6% 5.6% 5.7% 5.70%
2019-02-08 01:30 PM Unemployment Rate 5.8% 5.6% 5.7% 5.7%
2019-03-08 01:30 PM Unemployment Rate 5.8% 5.8% 5.8% 5.80%
2019-04-05 12:30 PM Unemployment Rate 5.8% 5.8% 5.8% 5.8%
2019-05-10 12:30 PM Unemployment Rate 5.8% 5.90%
2019-06-07 12:30 PM Unemployment Rate 5.90%
2019-07-05 12:30 PM Unemployment Rate 5.90%



Canada Jobless Rate Steady at 5.8%

The unemployment rate in Canada was at 5.8 percent in March 2019, unchanged from the previous month and in line with market expectations. It remained the highest jobless rate since October last year for the third consecutive month. Employment declined unexpectedly by 7.2 thousand, against market expectations of a 1 thousand gain. In the first quarter of 2019, employment rose by 116 thousand.

Employment advanced mainly in Saskatchewan (+3,900), New Brunswick (+3,100) and Prince Edward Island (+2,000), while it was almost unchanged in the rest of provinces, including Ontario, Alberta and Quebec. 

More people were employed in finance, insurance, real estate, rental and leasing (+13,000); public administration (+9,600); wholesale and retail trade (+8,400); other services (+6,500); manufacturing (4,500); professional, scientific and technical services (3,900); and transportation and warehousing (+1,900). Meanwhile, employment dropped in health care and social assistance (-20,000); business, building and other support services (-14,000); accommodation and food services (-13,000); information, culture and recreation (-3,200); construction (-2,400); and educational services (-1,400).

The number of employees in the public and private sectors was little changed in March. Also, self-employment held steady.

In March, more people aged 55 and older were employed (+29,000), with the gains evenly split between men and women. For women in the core working ages (25 to 54), employment decreased by 48,000 while for core-aged men was almost unchanged. Additionally, youth employment held steady after two consecutive montly increases.

The labour force participation rate dropped to 65.7 percent from 65.8 percent in the prior month, matching market consensus.


Statistics Canada | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/5/2019 2:10:01 PM



Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.80 13.10 2.90 percent [+]
Employed Persons 18922.60 18929.80 18929.80 9636.70 Thousand [+]
Unemployed Persons 1157.20 1161.30 1748.90 691.50 Thousand [+]
Part Time Employment -0.90 -11.60 136.30 -124.40 Thousand [+]
Full Time Employment -6.40 67.40 148.40 -145.10 Thousand [+]
Employment Change -7.20 55.90 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.70 65.80 67.70 61.40 percent [+]
Youth Unemployment Rate 10.70 10.80 20.70 10.30 percent [+]
Productivity 106.22 106.63 106.63 67.27 Index Points [+]
Labour Costs 107.34 106.12 107.34 43.75 Index Points [+]
Wages 25.44 25.70 25.70 13.73 CAD/Hour [+]
Wages in Manufacturing 25.15 26.57 26.57 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 2.00 1.70 5.50 -0.40 percent [+]
Non Farm Payrolls 16832.90 16761.70 16832.90 10863.80 Thousand [+]
Job Vacancies 547770.00 551170.00 551170.00 329710.00 [+]
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 [+]
Adp Employment Change 13.20 -21.20 74.00 -21.20 Thousand [+]
Average Hourly Earnings 28.25 28.18 28.25 15.88 CAD [+]
Employment Rate 61.90 62.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.80 13.10 2.90 1966 - 2019 percent Monthly




Country Last Previous
South Africa 27.10 Dec/18
Turkey 14.70 Jan/19
Spain 14.45 Dec/18
Brazil 12.40 Feb/19
Italy 10.70 Feb/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Feb/19
Saudi Arabia 6.00 Dec/18
Canada 5.80 Mar/19
Indonesia 5.34 Sep/18
Australia 5.00 Mar/19
Russia 4.70 Mar/19
United Kingdom 3.90 Feb/19
China 3.80 Dec/18
South Korea 3.80 Mar/19
United States 3.80 Mar/19
India 3.53 Dec/18
Mexico 3.30 Feb/19
Netherlands 3.30 Mar/19
Germany 3.10 Feb/19
Switzerland 2.50 Mar/19
Japan 2.30 Feb/19
Singapore 2.20 Dec/18


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