Youth Unemployment Rate in Canada decreased to 15.90 percent in May from 16.10 percent in April of 2021. source: Statistics Canada

Youth Unemployment Rate in Canada averaged 14.01 percent from 1976 until 2021, reaching an all time high of 29.10 percent in May of 2020 and a record low of 10.20 percent in May of 2019. This page provides - Canada Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Youth Unemployment Rate - values, historical data and charts - was last updated on June of 2021.

Youth Unemployment Rate in Canada is expected to be 15.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Canada to stand at 15.10 in 12 months time. In the long-term, the Canada Youth Unemployment Rate is projected to trend around 13.50 percent in 2022, according to our econometric models.

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Canada Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.90 16.10 29.10 10.20 1976 - 2021 percent Monthly
SA

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.20 8.10 13.70 2.90 percent [+]
Employed Persons 18559.20 18627.20 19130.30 9636.70 Thousand [+]
Unemployed Persons 1652.30 1640.30 2609.80 691.50 Thousand [+]
Part Time Employment -54.20 -78.00 443.80 -527.20 Thousand [+]
Full Time Employment -13.80 -129.00 497.90 -1479.60 Thousand [+]
Employment Change -68.00 -207.00 952.90 -1993.80 Thousand [+]
Labor Force Participation Rate 64.60 64.90 67.70 60.00 percent [+]
Youth Unemployment Rate 15.90 16.10 29.10 10.20 percent [+]
Productivity 110.03 111.95 126.77 67.26 points [+]
Labour Costs 114.02 115.01 116.31 44.07 points [+]
Wages 27.60 28.02 28.02 13.73 CAD/Hour [+]
Wages in Manufacturing 27.73 28.17 28.39 14.96 CAD/Hour [+]
Minimum Wages 14.25 14.00 14.25 1.00 CAD/Hour [+]
Population 38.01 37.78 38.01 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 15884.00 15841.00 17080.90 10863.80 Thousand [+]
Wage Growth 7.40 9.00 10.30 -0.40 percent [+]
Job Vacancies 560215.00 512760.00 581595.00 330215.00 [+]
Adp Employment Change 351.30 266.70 351.30 -2951.40 Thousand [+]
Average Hourly Earnings 30.77 30.75 31.25 15.88 CAD [+]
Employment Rate 59.40 59.60 63.50 52.10 percent [+]