CA Unemployment Rate
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;
- CA Unemployment Rate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Feb 7, 2025 | 6.6% | 6.8% | 6.7% |
Jan 10, 2025 | 6.7% | 6.9% | 6.8% |
Dec 6, 2024 | 6.8% | 6.6% | 6.5% |
Nov 8, 2024 | 6.5% | 6.6% | 6.5% |
Oct 11, 2024 | 6.5% | 6.7% | 6.6% |
Sep 6, 2024 | 6.6% | 6.5% | 6.4% |
Aug 9, 2024 | 6.4% | 6.5% | 6.4% |
Jul 5, 2024 | 6.4% | 6.3% | 6.2% |
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- CA Unemployment Rate News
- From statcan.gc.ca|Feb 7, 2025
Employment increased by 76,000 (+0.4%) in January and the employment rate rose 0.1 percentage points to 61.1%. The unemployment rate declined 0.1 percentage points to 6.6%. In January, employment increased for youth aged 15 to 24 (+31,000; +1.1%), as well as for women (+36,000; +0.5%) and men (+28,000; +0.4%) in the core working age group of 25 to 54 years old. Employment gains in January were led by manufacturing (+33,000; +1.8%) and professional, scientific and technical services (+22,000; +1.1%). Employment rose in Ontario ...
- From msn.com|Feb 7, 2025
Statistics Canada is set to release its January jobs report this morning. Economists polled by Reuters expect Canadian employers added 25,000 jobs in the month and are predicting the unemployment rate moved higher to 6.8 per cent. This comes after Canada added 91,000 jobs in December, and the unemployment rate ticked down to 6.7 per cent. RBC Economics says business sentiment remains subdued as consumer demand has slowed. Hiring intentions have also fallen sharply. Despite receiving a month-long reprieve from U.S. President Donald ...
- From globalnews.ca|Jan 10, 2025
A jump in new jobs helped bring the Canadian unemployment rate down a tick to 6.7 per cent in December, according to Statistics Canada. Canadian employers collectively added some 91,000 net new jobs last month, the agency said. Most of the growth was in full-time work. Job gains were broadly based across multiple industries, led by educational services and transportation and warehousing. The public sector saw a jump of 40,000 jobs, while some 27,000 positions were added in private work. The December unemployment figures compare to a ...
- From statcan.gc.ca|Jan 10, 2025|1 comment
Employment rose by 91,000 (+0.4%) in December and the employment rate increased 0.2 percentage points to 60.8%. The unemployment rate declined 0.1 percentage points to 6.7%. In December, employment rose for core-aged men (25 to 54 years old) (+30,000; +0.4%) and men aged 55 and older (+41,000; +1.7%) as well as for women aged 55 and older (+21,000; +1.1%). Employment gains in December were led by educational services (+17,000; +1.1%), transportation and warehousing (+17,000; +1.6%), finance, insurance, real estate, rental and leasing ...
- From bnnbloomberg.ca|Jan 10, 2025
Statistics Canada will release the country’s job report for December this morning. November saw Canada’s unemployment rate rise to 6.8 per cent — the highest jobless rate since January 2017 outside of the COVID-19 pandemic. Analysts at RBC and BMO believe that number will have edged up again in December to 6.9 per cent, as the country’s labour market continues to underperform. The information you need to know, sent directly to you: Download the BNN Bloomberg App The analysts also expect Canada added a modest 10,000 jobs in December. ...
- From statcan.gc.ca|Dec 6, 2024|2 comments
Employment increased by 51,000 (+0.2%) in November and the employment rate held steady at 60.6%. The unemployment rate rose 0.3 percentage points to 6.8%, as more people looked for work. In November, employment rose among core-aged (25 to 54 years old) men (+45,000; +0.6%), while it fell among women aged 55 to 64 years old (-20,000; -1.3%). Employment rose in the month in wholesale and retail trade (+39,000; +1.3%), construction (+18,000; +1.2%), professional, scientific and technical services (+17,000; +0.9%), educational services ...
- From statcan.gc.ca|Nov 8, 2024|2 comments
Employment was little changed in October (+15,000; +0.1%) and the employment rate fell 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 6.5%. Employment rose by 25,000 (+1.8%) in October among male youth aged 15 to 24, while it fell among women aged 55 and older (-15,000; -0.8%). There was little change in employment for men and women across the other major age groups. There were more people employed in business, building and other support services (+29,000; +4.2%) in the month, and fewer people employed in ...
- From youtube.com/easymarkets|Nov 8, 2024
We can start slowly getting back to looking at economic data for determining the health of the economies.
Released on Feb 7, 2025 |
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Released on Jan 10, 2025 |
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Released on Dec 6, 2024 |
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Released on Nov 8, 2024 |
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