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.