The unemployment rate in Canada fell to 6.9% in October of 2025 from the four-year high of 7.1% in the previous month, compared with market expectations that it would remain unchanged at 7.1%. National employment increased by a net 66,600 jobs to 21,015,300, extending the jump from the previous month and contrasting sharply with bets that it would drop slightly. Meanwhile, the number of unemployed individuals fell by 49,200 to 1,557,300. Joblessness was lower for core-aged men (-0.2 percentage points to 6%) and was little changed for core-aged women (5.7%). In the meantime, the youth unemployment rate fell by 0.6% to 14.1% for its first decline since February. In turn, long-term unemployment was at 21.3% of the jobless population, comparable to the ratio from the corresponding period of the previous year. source: Statistics Canada

Unemployment Rate in Canada decreased to 6.90 percent in October from 7.10 percent in September of 2025. Unemployment Rate in Canada averaged 7.56 percent from 1966 until 2025, reaching an all time high of 14.20 percent in May of 2020 and a record low of 2.90 percent in June of 1966. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2025.

Unemployment Rate in Canada decreased to 6.90 percent in October from 7.10 percent in September of 2025. Unemployment Rate in Canada is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Unemployment Rate is projected to trend around 6.60 percent in 2026 and 6.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-10-10 12:30 PM
Unemployment Rate
Sep 7.1% 7.1% 7.2% 7.1%
2025-11-07 01:30 PM
Unemployment Rate
Oct 6.9% 7.1% 7.1% 7.2%
2025-12-05 01:30 PM
Unemployment Rate
Nov 6.9% 7.0%


Related Last Unit Reference
Average Hourly Wages 38.20 CAD Oct 2025
Employed Persons 21081.90 Thousand Oct 2025
Employment Change 66.60 Thousand Oct 2025
Employment Rate 60.80 percent Oct 2025
Full Time Employment Chg -18.50 Thousand Oct 2025
Job Vacancies 505875.00 Jun 2025
Participation Rate 65.30 percent Oct 2025
Labour Costs 133.52 points Jun 2025
Minimum Wages 17.60 CAD/Hour Oct 2025
Non Farm Payrolls 18274.00 Thousand Aug 2025
Part Time Employment Chg 85.10 Thousand Oct 2025
Population 41.53 Million Dec 2024
Labor Productivity 101.04 points Jun 2025
Unemployed Persons 1557.30 Thousand Oct 2025
Unemployment Rate 6.90 percent Oct 2025
Average Weekly Earnings YoY 3.01 percent Aug 2025
Wages 31.73 CAD/Hour Aug 2025
Wages in Manufacturing 32.48 CAD/Hour Aug 2025
Youth Unemployment Rate 14.10 percent Oct 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
6.90 7.10 14.20 2.90 1966 - 2025 percent Monthly
SA

News Stream
Canada Unemployment Rate Unexpectedly Drops
The unemployment rate in Canada fell to 6.9% in October of 2025 from the four-year high of 7.1% in the previous month, compared with market expectations that it would remain unchanged at 7.1%. National employment increased by a net 66,600 jobs to 21,015,300, extending the jump from the previous month and contrasting sharply with bets that it would drop slightly. Meanwhile, the number of unemployed individuals fell by 49,200 to 1,557,300. Joblessness was lower for core-aged men (-0.2 percentage points to 6%) and was little changed for core-aged women (5.7%). In the meantime, the youth unemployment rate fell by 0.6% to 14.1% for its first decline since February. In turn, long-term unemployment was at 21.3% of the jobless population, comparable to the ratio from the corresponding period of the previous year.
2025-11-07
Canada Jobless Rate Steady as Employment Rebounds
Canada’s unemployment rate held steady at 7.1% in September 2025, slightly below market expectations of 7.2% but remaining at its highest level since August 2021. The number of unemployed people rose by 11,900 (+0.7%) to 1.61 million, while employment increased by 60,400 (+0.3%) to 21.02 million, easily surpassing forecasts for a modest 5,000 gain and partly offsetting a 106,000 (-0.5%) decline over the previous two months. Full-time employment rose sharply by 106,100 (+0.6%), whereas part-time jobs fell by 45,600 (-1.2%). The employment rate edged up 0.1 percentage point to 60.6%, marking the first increase in three months, while the labor force participation rate also ticked higher by 0.1 point to 65.2%.
2025-10-10
Canada Jobless Rate at 4-Year High
The unemployment rate in Canada rose 0.2 percentage points to 7.1% in August 2025, the highest level in four years, above market expectations of 7% and higher than the 6.9% recorded in July. This was in line with the Bank of Canada's assessment that a large supply of labor and increasing growth concerns due to tariffs and uncertain economic policy from the US threatened further deterioration in the domestic labor backdrop. The number of unemployed people increased to about 1.595 million. This coincided with a 66,000 drop in net employment, extending the 41,000 decrease in July, as the participation rate fell by 0.1 percentage points to 65.1%. In turn, youth unemployment remained elevated at 14.5%, largely due to slow hiring for seasonal summer jobs.
2025-09-05