The unemployment rate in Canada declined for the fourth straight month to 6.9% in September of 2021 from 7.1% in August, as widely expected. That was the lowest jobless rate since the onset of the pandemic in February of last year, as several provinces had implemented proof-of-vaccination requirements, or planned to do so, which allowed for non-essential venues to reopen more safely. The unemployed population was little changed, while the number of people in the labour force increased by 139,000, translating into a 0.4 percentage point increase in the labour force participation rate to 65.5%. Employment surged by 157,000 to pre-pandemic levels, easily beating market estimates of a 65,000 increment. Job gains were concentrated in full-time work (+193,600), as part-time employment shrank (-36,500). source: Statistics Canada

Unemployment Rate in Canada averaged 7.65 percent from 1966 until 2021, reaching an all time high of 13.70 percent in May of 2020 and a record low of 2.90 percent in June of 1966. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Unemployment Rate in Canada is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Unemployment Rate is projected to trend around 6.50 percent in 2022 and 6.20 percent in 2023, according to our econometric models.

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Canada Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-09 12:30 PM Jun 7.8% 8.2% 7.7% 7.9%
2021-08-06 12:30 PM Jul 7.5% 7.8% 7.4% 7.9%
2021-09-10 12:30 PM Aug 7.1% 7.5% 7.3% 7.3%
2021-10-08 12:30 PM Sep 6.9% 7.1% 6.9% 6.8%
2021-11-05 01:30 PM Oct 6.9%
2021-12-03 01:30 PM Nov


News Stream
Canada Jobless Rate Edges Down as Expected
The unemployment rate in Canada declined for the fourth straight month to 6.9% in September of 2021 from 7.1% in August, as widely expected. That was the lowest jobless rate since the onset of the pandemic in February of last year, as several provinces had implemented proof-of-vaccination requirements, or planned to do so, which allowed for non-essential venues to reopen more safely. The unemployed population was little changed, while the number of people in the labour force increased by 139,000, translating into a 0.4 percentage point increase in the labour force participation rate to 65.5%. Employment surged by 157,000 to pre-pandemic levels, easily beating market estimates of a 65,000 increment. Job gains were concentrated in full-time work (+193,600), as part-time employment shrank (-36,500).
2021-10-08
Canada Jobless Rate Falls to 1-1/2-Year Low
The unemployment rate in Canada fell for the third straight month to 7.1% in August of 2021 from 7.5% in July, slightly below market forecasts of 7.3%. That was the lowest jobless rate since the onset of the Covid-19 pandemic in February of 2020, as most jurisdictions in Canada had implemented the final or near-final stages of their public health reopening plans. The total number of unemployed fell by 81,400, the number of people in the labour force increased by 9,000 and the labour force participation rate dropped by 0.1 percentage points to 65.1%. Employment rose by 90,200, the third consecutive monthly increase, but missing market estimates of 100,000. Job gains were concentrated in full-time work (+69,000; +0.4%). Unemployment for youth aged 15 to 24 was little changed in August.
2021-09-10
Canada Jobless Rate Falls Less than Expected
The unemployment rate in Canada fell to 7.5% in July of 2021 from 7.8% in June, slightly higher than forecasts of 7.4%. It was the lowest jobless rate since March. Between the June and July reference weeks, many jurisdictions substantially eased public health restrictions affecting indoor and outdoor dining, recreation and cultural activities, retail shopping, and personal care services. The total number of unemployed fell by 70,000, the number of people in the labour force increased by 24,000 and the labour force participation rate was unchanged at 65.2%. Employment rose by 94,000, missing market estimates of 177,500, with job gains concentrated in full-time work (+83,000; +0.5%); the first increase since March 2021. Unemployment among youth aged 15 to 24 fell by 54,000.
2021-08-06
Canada Jobless Rate Falls to 7.8% as Restrictions Ease
The unemployment rate in Canada fell to 7.8% in June of 2021 from 8.2% in May, slightly higher than forecasts of 7.7%. Most regions in the country began lifting coronavirus restrictions in June. Most indoor and outdoor dining, recreation and cultural activities, retail shopping, and personal care services had resumed or continued in eight provinces, with varying degrees of capacity restrictions. The total number of unemployed fell by 61,000, the number of people in the labour force increased by 170,000 and the labour force participation rate increased 0.6 percentage points to 65.2%.
2021-07-09

Canada Last Unit Reference Previous Highest Lowest
Unemployment Rate 6.90 percent Sep/21 7.10 13.70 2.90
Employed Persons 19131.20 Thousand Sep/21 18974.10 19131.20 9636.70
Unemployed Persons 1421.80 Thousand Sep/21 1440.00 2609.80 691.50
Full Time Employment 193.60 Thousand Sep/21 68.50 497.90 -1479.60
Part Time Employment -36.50 Thousand Sep/21 21.70 443.80 -527.20
Employment Change 157.10 Thousand Sep/21 90.20 952.90 -1993.80
Labor Force Participation Rate 65.50 percent Sep/21 65.10 67.70 60.00
Youth Unemployment Rate 11.30 percent Sep/21 11.60 29.10 10.20
Labour Costs 117.14 points Jun/21 114.02 117.14 44.07
Productivity 110.73 points Jun/21 110.11 126.77 67.26
Wages 27.36 CAD/Hour Jul/21 27.32 28.02 13.73
Minimum Wages 14.35 CAD/Hour Oct/21 14.25 14.35 1.00
Wages in Manufacturing 27.93 CAD/Hour Jul/21 27.15 28.39 14.96
Population 38.01 Million Dec/20 37.78 38.01 17.91
Average Hourly Earnings 30.91 CAD Sep/21 30.80 31.25 15.88
Employment Rate 60.90 percent Sep/21 60.50 63.50 52.10
Wage Growth 1.77 percent Jul/21 0.50 10.30 -0.40
Non Farm Payrolls 16613.90 Thousand Jul/21 16289.10 17085.60 10863.80
Job Vacancies 731905.00 Jun/21 553480.00 731905.00 330215.00


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.