The unemployment rate in Canada rose to 5.5 percent in June of 2019 from 5.4 percent in the previous month, in line with market expectations. Employment decreased by 2,200, after rising by 27,700 in May and missing market consensus of a 10,000 gain, as part-time employment dropped (-26,200) while full time advanced (+24,100). Unemployment Rate in Canada averaged 7.63 percent from 1966 until 2019, 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 expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Canada to stand at 6.20 in 12 months time. In the long-term, the Canada Unemployment Rate is projected to trend around 5.60 percent in 2020, according to our econometric models.

Canada Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-05 12:30 PM Unemployment Rate Mar 5.8% 5.8% 5.8% 5.8%
2019-05-10 12:30 PM Unemployment Rate Apr 5.7% 5.8% 5.8% 5.8%
2019-06-07 12:30 PM Unemployment Rate May 5.4% 5.7% 5.7% 5.7%
2019-07-05 12:30 PM Unemployment Rate Jun 5.5% 5.4% 5.5% 5.8%
2019-08-09 12:30 PM Unemployment Rate Jul 5.5% 5.70%
2019-09-06 12:30 PM Unemployment Rate Aug 5.70%
2019-10-11 12:30 PM Unemployment Rate Sep 5.70%



Canada Jobless Rate Rises to 5.5% in June

The unemployment rate in Canada rose to 5.5 percent in June of 2019 from 5.4 percent in the previous month, in line with market expectations. Employment decreased by 2,200, after creating 27,700 in May and missing market consensus of a 10,000 gain, as part-time employment dropped (-26,200) while full time advanced (+24,100).

Employment increased in Alberta (+10,000) and Saskatchewan (+2,500), while it decreased in Manitoba (-5,200) and Newfoundland and Labrador (-2,000). In Quebec and other provinces employment was almost unchanged. 

There were more people employed in health care and social assistance (+22,000); educational services (+13,000); transportation and warehousing (+13,000); and information, culture and recreation (+13,000). In contrast, there were fewer people working in wholesale and retail trade (-16,000); "other services" (-15,000); manufacturing (-15,000); and natural resources (-7,800).

There was little change in the number of employees in both the private and public sectors in June. The number of employees increased in June, while the number of self-employed declined.

In June, more 22,000 people aged 55 and over were working, driven by increases among men. At the same time, less 18,000 in the core-working age of 25 to 54 were employed. There was little change among both core-aged women and youth aged 15 to 24. Youth unemployment rate increased 0.7 percentage points to 10.7% as more of them searched for work. 

The labour force participation rate came in at 65.7 percent in June, unchanged from the prior month.

In the second quarter, employment rose by 132,000 (+0.7%), virtually all in full-time work.


Statistics Canada | Agna Gabriel | agna.gabriel@tradingeconomics.com
7/5/2019 12:48:15 PM



Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.40 13.10 2.90 percent [+]
Employed Persons 19054.60 19056.80 19056.80 9636.70 Thousand [+]
Unemployed Persons 1114.40 1081.80 1748.90 691.50 Thousand [+]
Part Time Employment -26.20 0.00 136.30 -124.40 Thousand [+]
Full Time Employment 24.10 27.70 148.40 -145.10 Thousand [+]
Employment Change -2.20 27.70 106.50 -124.80 Thousand [+]
Labor Force Participation Rate 65.70 65.70 67.70 61.40 percent [+]
Youth Unemployment Rate 10.70 10.00 20.70 10.00 percent [+]
Productivity 105.97 105.68 106.56 67.27 Index Points [+]
Labour Costs 108.49 107.34 108.49 43.75 Index Points [+]
Wages 25.75 25.52 25.75 13.73 CAD/Hour [+]
Wages in Manufacturing 26.48 25.74 26.48 14.96 CAD/Hour [+]
Minimum Wages 14.00 14.00 14.00 1.00 CAD/Hour [+]
Population 37.31 36.96 37.31 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 [+]
Wage Growth 2.90 1.80 5.50 -0.40 percent [+]
Job Vacancies 506140.00 547330.00 550670.00 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 [+]
Non Farm Payrolls 16906.20 16889.20 16906.20 10863.80 Thousand [+]
Adp Employment Change 30.40 -16.00 74.00 -21.20 Thousand [+]
Average Hourly Earnings 28.81 28.50 28.81 15.88 CAD [+]
Employment Rate 62.10 62.20 63.70 56.00 percent [+]


Canada Unemployment Rate

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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.40 13.10 2.90 1966 - 2019 percent Monthly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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