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Canada Unemployment Rate-Monthly
Canada Unemployment Rate
rose
to 6.1% in Mar, up from 5.8% in Feb & the highest since Jan 2022
Released:
05-Apr-24
| Next Release:
10-May-24
Mar 2024
6.1%
Feb 2024
5.8%
Change
0.3%
1 Year
3 Years
5 Years
The Canadian unemployment rate is reported monthly by Statistics Canada.
View Full Release from Statistics Canada
Source: Statistics Canada
©theFinancials.com
View Full Release
Date
Value
01-Feb-2019
0.058
01-Mar-2019
0.057
01-Apr-2019
0.057
01-May-2019
0.054
01-Jun-2019
0.056
01-Jul-2019
0.057
01-Aug-2019
0.057
01-Sep-2019
0.055
01-Oct-2019
0.055
01-Nov-2019
0.059
01-Dec-2019
0.056
01-Jan-2020
0.055
01-Feb-2020
0.057
01-Mar-2020
0.078
01-Apr-2020
0.13
01-May-2020
0.137
01-Jun-2020
0.123
01-Jul-2020
0.109
01-Aug-2020
0.102
01-Sep-2020
0.09
01-Oct-2020
0.089
01-Nov-2020
0.085
01-Dec-2020
0.088
01-Jan-2021
0.094
01-Feb-2021
0.082
01-Mar-2021
0.075
01-Apr-2021
0.08
01-May-2021
0.082
01-Jun-2021
0.078
01-Jul-2021
0.075
01-Aug-2021
0.071
01-Sep-2021
0.069
01-Oct-2021
0.067
01-Nov-2021
0.06
01-Dec-2021
0.06
01-Jan-2022
0.065
01-Feb-2022
0.055
01-Mar-2022
0.053
01-Apr-2022
0.052
01-May-2022
0.051
01-Jun-2022
0.049
01-Jul-2022
0.049
01-Aug-2022
0.054
01-Sep-2022
0.052
01-Oct-2022
0.052
01-Nov-2022
0.051
01-Dec-2022
0.05
01-Jan-2023
0.05
01-Feb-2023
0.05
01-Mar-2023
0.05
01-Apr-2023
0.05
01-May-2023
0.052
01-Jun-2023
0.054
01-Jul-2023
0.055
01-Aug-2023
0.055
01-Sep-2023
0.055
01-Oct-2023
0.057
01-Nov-2023
0.058
01-Dec-2023
0.058
01-Jan-2024
0.057
01-Feb-2024
0.058
01-Mar-2024
0.061
Canada Unemployment Rate-Monthly
Data Series Details
Last File Update:
05-Apr-2024
Frequency:
Monthly
Start Date:
01-Feb-2019
End Date:
01-Mar-2024
Length:
5 years
# of Records:
62
Data Download
CSV
Canada Unemployment Rate-Monthly
The unemployment rate is the number unemployed as a percent of the civilian labor force (the sum of employed and unemployed persons).
Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate.
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