Canada Unemployment Rate

Unemployment Rate in Canada increased to 7.10 percent in June of 2014 from 7 percent in May of 2014. Unemployment Rate in Canada averaged 7.75 Percent from 1966 until 2014, 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.

   
 
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Canada Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.10 7.00 13.10 2.90 1966 - 2014 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 Up to 7.1%


The Canadian economy lost 9400 jobs in June of 2014 and the jobless rate rose by 0.1 percentage points to 7.1 percent, as more people were searching for work.

Compared with 12 months earlier, employment increased by 72,000 or 0.4 percent. This was the lowest year-over-year growth rate since February 2010, when year-over-year employment growth resumed following the 2008-2009 labour market downturn.

The number of hours worked was little changed in the 12 months to June.

Employment decreased among youths aged 15 to 24 and people aged 25 to 54 in June, while it increased among people aged 55 and over. Provincially, employment declined in Ontario as well as Newfoundland and Labrador, and increased in Manitoba, New Brunswick and Prince Edward Island.

Employment fell in business, building and other support services as well as agriculture. At the same time, there were more people working in construction and 'other services.'

In June, there was little change in the number of private and public sector employees as well as the self-employed. On a year-over-year basis, all the growth was among private sector employees.

Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
7/11/2014 1:36:34 PM


Recent Releases

Canada Unemployment Rate Rises to 7% in May
Canada's jobless rate increased 0.1 percentage points to 7.0 percent as there were more people in the labour market. Employment edged up by 26,000 in May, driven by gains in part-time work. Published on 2014-06-06

Canada Unemployment Rate Steady at 6.9% in April
Canada's jobless rate was unchanged at 6.9 percent in April as the number of people participating in the labour market edged down and employment decreased by 29,000. Published on 2014-05-09


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-04 01:30 PM Canada
Unemployment Rate
Mar 2014 6.9% 7.0% 7.0% 7%
2014-05-09 01:30 PM Canada
Unemployment Rate
Apr 2014 6.9% 6.9% 7.0% 7%
2014-06-06 01:30 PM Canada
Unemployment Rate
May 2014 7% 6.9% 6.9% 6.9%
2014-07-11 01:30 PM Canada
Unemployment Rate
Jun 2014 7.1% 7% 7.0% 6.9%
2014-08-08 01:30 PM Canada
Unemployment Rate
Jul 2014 7.1% 6.9%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.00 13.10 2.90 Percent [+]
Employed Persons 17820.70 17830.10 17833.20 9636.70 Thousand [+]
Full Time Employment 33.50 -29.10 132.00 -125.70 Thousand [+]
Employment Change -9.40 25.80 96.20 -135.80 Thousand [+]
Unemployed Persons 1369.50 1343.80 1748.90 691.50 Thousand [+]
Youth Unemployment Rate 13.40 13.30 20.70 10.40 Percent [+]
Productivity 104.44 104.49 104.49 69.61 Index Points [+]
Labor Force Participation Rate 67.30 66.90 69.30 59.90 Percent [+]
Wages 23.31 23.04 23.35 13.73 CAD [+]
Wages in Manufacturing 23.17 22.80 23.90 14.96 CAD [+]
Labour Costs 113.85 113.32 126.60 58.30 Index Points [+]
Population 35.35 35.06 35.35 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 [+]





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