Youth Unemployment Rate in Canada increased to a record high of 27.20 percent in April from 16.80 percent in March of 2020.

Youth Unemployment Rate in Canada averaged 13.95 percent from 1976 until 2020, reaching an all time high of 27.20 percent in April 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 2020. source: Statistics Canada

Youth Unemployment Rate in Canada is expected to be 12.00 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 11.80 in 12 months time. In the long-term, the Canada Youth Unemployment Rate is projected to trend around 11.30 percent in 2021, according to our econometric models.

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Canada Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
27.20 16.80 27.20 10.20 1976 - 2020 percent Monthly
SA

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.00 7.80 13.10 2.90 percent [+]
Employed Persons 16184.90 18178.70 19189.40 9636.70 Thousand [+]
Unemployed Persons 2418.30 1547.00 2418.30 691.50 Thousand [+]
Part Time Employment -521.90 -536.70 136.30 -536.70 Thousand [+]
Full Time Employment -1472.00 -474.00 148.40 -1472.00 Thousand [+]
Employment Change -1993.80 -1010.70 99.60 -1993.80 Thousand [+]
Labor Force Participation Rate 59.80 63.50 67.70 59.80 percent [+]
Youth Unemployment Rate 27.20 16.80 27.20 10.20 percent [+]
Productivity 110.55 106.90 110.55 67.26 points [+]
Labour Costs 112.10 110.94 112.10 44.07 points [+]
Wages 26.93 26.41 26.93 13.73 CAD/Hour [+]
Wages in Manufacturing 26.44 27.07 27.71 14.96 CAD/Hour [+]
Minimum Wages 14.00 14.00 14.00 1.00 CAD/Hour [+]
Population 37.78 37.31 37.78 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 17045.90 17080.90 17080.90 10863.80 Thousand [+]
Wage Growth 3.70 3.70 5.50 -0.40 percent [+]
Job Vacancies 562910.00 581595.00 581595.00 330215.00 [+]
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 -226.70 -177.30 116.70 -226.70 Thousand [+]
Average Hourly Earnings 31.35 29.98 31.35 15.88 CAD [+]
Employment Rate 52.10 58.50 63.70 52.10 percent [+]