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Unemployment Rate
The unemployment rate in Canada measures the percentage of the labor force that is jobless and actively seeking employment. It is a critical indicator of economic health, influencing monetary policy decisions by the Bank of Canada and impacting consumer confidence and spending. A rising unemployment rate may signal economic distress, leading to potential market volatility, while a declining rate is often viewed positively by financial markets as it suggests economic growth. In Canada, this metric is closely watched as it reflects the overall economic conditions and labor market dynamics.Next Event
Oct 10, 2025
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7.1%
7.1%
Historical Data
Sep 05, 2025
7.1%
7%
Aug 08, 2025
6.9%
7%
Jul 11, 2025
6.9%
7.1%
Jun 06, 2025
7%
7%
May 09, 2025
6.9%
6.8%
Apr 04, 2025
6.7%
6.7%
Mar 07, 2025
6.6%
6.7%
Feb 07, 2025
6.6%
6.8%
Jan 10, 2025
6.7%
6.9%
Dec 06, 2024
6.8%
6.6%
Rows:
Historical Chart
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Importance
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CurrencyCAD
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Other Indicators
+4.22%
+4.25%
+7.25%
+4.10%
+4.30%
+0.62%