Canada Unemployment Rate  1966-2016 | Data | Chart | Calendar | Forecast

Canada's unemployment rate fell to 6.9 percent in May 2016 from 7.1 percent in April, hitting the lowest rate since July 2015. The figure came in better than markets expected, as fewer people searched for work while employment rose 0.1 percent. Unemployment Rate in Canada averaged 7.72 percent from 1966 until 2016, 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 reported by the Statistics Canada.

Canada Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
6.90 7.10 13.10 2.90 1966 - 2016 percent Monthly
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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-08 12:30 PM Mar 7.1% 7.3% 7.3% 7.3%
2016-05-06 12:30 PM Apr 7.1% 7.1% 7.2% 7.1%
2016-06-10 12:30 PM May 6.9% 7.1% 7.1% 7.1%
2016-07-08 12:30 PM Jun 6.9%
2016-08-05 12:30 PM Jul 6.8%
2016-09-09 12:30 PM Aug 6.8%

Canada Jobless Rate Drops to 6.9% in May


Canada's unemployment rate fell to 6.9 percent in May 2016 from 7.1 percent in April, hitting the lowest rate since July 2015. The figure came in better than markets expected, as fewer people searched for work while employment rose 0.1 percent.

The unemployment rate declined 0.2 percentage points to 6.9 percent, the lowest rate since July 2015, with fewer people searching for work.

Employment was little changed in May (+14,000 or +0.1 percent), as full-time employment rose by 61,000. This increase was largely offset by a decline of 47,000 in part-time work.

In the 12 months to May, employment increased by 109,000 or 0.6 percent, the result of gains in full-time work. Over the same period, the number of hours worked grew by 0.8 percent.

In May, employment increased for both men and women aged 55 and older, while it fell for youths aged 15 to 24. There was little change among the other demographic groups.

Provincially, employment rose in Quebec, Ontario, Manitoba and Prince Edward Island, while it decreased in Alberta and Nova Scotia.

There were more people employed in the "other services" industry; public administration; construction; business, building and other support services; educational services; and manufacturing. These gains were partly offset by declines in wholesale and retail trade; health care and social assistance; and natural resources.

The number of public sector employees increased in May, while there was little change among private sector employees and the self-employed.

Statistics Canada | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/10/2016 1:48:37 PM

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 7.10 13.10 2.90 percent [+]
Employed Persons 18055.20 18041.40 18055.20 9636.70 Thousand [+]
Unemployed Persons 1346.50 1383.20 1748.90 691.50 Thousand [+]
Part Time Employment -46.80 0.40 136.30 -79.30 Thousand [+]
Full Time Employment 60.50 -2.40 148.40 -145.10 Thousand [+]
Employment Change 13.80 -2.10 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.70 65.80 67.70 61.40 percent [+]
Youth Unemployment Rate 13.30 13.10 20.70 10.40 percent [+]
Labour Costs 115.83 115.77 115.83 49.37 Index Points [+]
Productivity 106.33 106.38 107.52 69.61 Index Points [+]
Wages 24.12 24.03 24.12 13.73 CAD/Hour [+]
Wages in Manufacturing 24.86 25.26 25.26 14.96 CAD/Hour [+]
Minimum Wages 11.25 11.00 11.25 1.00 CAD/Hour [+]
Population 35.99 35.68 35.99 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 [+]
Job Vacancies 352610.00 400905.00 437370.00 352610.00 [+]
Non Farm Payrolls 15869.80 15844.50 15875.80 10863.80 Thousand [+]
Employment Rate 61.10 61.10 63.70 56.00 percent [+]




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Chile 6.40 Apr/16
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Netherlands 6.30 May/16
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Bangladesh 4.30 Dec/14
Denmark 4.30 Apr/16
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Sri Lanka 4.30 Dec/15
Germany 4.20 Apr/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.04 Mar/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Taiwan 3.96 May/16
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Mexico 3.80 Apr/16
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