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

Canada's jobless rate decreased to 7.1 percent in March of 2016 from 7.3 percent in the previous month, well below market expectations of 7.3 percent. Employment increased by 41,000 (+0.2 percent) while unemployment went down by 25,500 (-1.8 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
7.10 7.30 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-05 01:30 PM Jan 7.2% 7.1% 7.1% 7.1%
2016-03-11 01:30 PM Feb 7.3% 7.2% 7.2% 7.2%
2016-04-08 12:30 PM Mar 7.1% 7.3% 7.3% 7.3%
2016-05-06 12:30 PM Apr 7.1% 7.2% 7.1%
2016-06-10 12:30 PM May 7.1%
2016-07-08 12:30 PM Jun 7.1%

Canada Jobless Rate Down to 7.1%


Canada's unemployment rate decreased to 7.1 percent in March of 2016 from 7.3 percent in the previous month, well below market expectations of 7.3 percent. Employment increased by 41,000 (+0.2 percent) while unemployment went down by 25,500 (-1.8 percent).

Unemployment decreased by 25,500 to 1,384,900, while employment increased by 40,600 to 18,043,500. Full-time employment rose by 35,300 and part-time added 5,300 jobs. Meantime, labour force went up by 15,100 to 19,428,400.

On a year-over-year basis, employment grew by 0.7 percent (+129,600), with the gains coming from full-time work (+133,700 or +0.9 percent). The unemployment rate rose from 7.0 percent to 7.3 percent, as the labour force grew at a faster pace than employment. At the same time, the number of hours worked increased by 1.2 percent. 

There were more people employed in Alberta, Manitoba, Nova Scotia and Saskatchewan. At the same time, employment declined in Prince Edward Island and was little changed in the other provinces.

Employment rose in health care and social assistance (+25,000), accommodation and food services (+18,000), professional, scientific and technical services (+12,000) and 'other services' (+9,900). At the same time, there were less people working in manufacturing sector (-32,000).

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

The participation rate remained steady at 65.9 percent from the previous month.

Youth unemployment rate rose to 13.4 percent from 13.3 percent in February.

Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/8/2016 1:55:24 PM

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.30 13.10 2.90 percent [+]
Employed Persons 18043.50 18002.90 18043.50 9636.70 Thousand [+]
Unemployed Persons 1384.90 1410.40 1748.90 691.50 Thousand [+]
Part Time Employment 5.30 49.50 136.30 -79.30 Thousand [+]
Full Time Employment 35.30 -51.80 148.40 -145.10 Thousand [+]
Employment Change 40.60 22.80 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.90 65.90 67.70 61.40 percent [+]
Youth Unemployment Rate 13.40 13.30 20.70 10.40 percent [+]
Labour Costs 115.77 114.61 115.77 49.37 Index Points [+]
Productivity 106.38 106.26 107.52 69.61 Index Points [+]
Wages 24.03 23.65 24.03 13.73 CAD/Hour [+]
Wages in Manufacturing 25.26 24.55 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 400905.00 437370.00 437370.00 399855.00 [+]
Non Farm Payrolls 15865.60 15875.80 15875.80 10863.80 Thousand [+]
Employment Rate 61.20 61.10 63.70 56.00 percent [+]




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