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 |
|---|---|---|---|
| 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% |
| Jun 7, 2024 | 6.2% | 6.2% | 6.1% |
-
- CA Unemployment Rate News
From statcan.gc.ca|Jan 10, 2025|1 commentEmployment 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, 2025Statistics 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 commentsEmployment 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, 2024We can start slowly getting back to looking at economic data for determining the health of the economies.
- From statcan.gc.ca|Oct 11, 2024
Employment rose by 47,000 (+0.2%) in September while the employment rate declined 0.1 percentage points to 60.7%. The unemployment rate fell 0.1 percentage points to 6.5%. In September, employment rose among youth aged 15 to 24 (+33,000; +1.2%) and core-aged women (25 to 54 years old) (+21,000; +0.3%). There were more people employed in information, culture and recreation (+22,000; +2.6%), wholesale and retail trade (+22,000; +0.8%) and professional, scientific and technical services (+21,000; +1.1%) in September. Employment ...
- From statcan.gc.ca|Sep 6, 2024
Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%. Employment grew by 20,000 (+0.3%) among core-aged women (25 to 54 years old) in August, and held steady across other major demographic groups. Employment rose in educational services (+27,000; +1.7%), health care and social assistance (+25,000; +0.9%), and finance, insurance, real estate, rental and leasing (+11,000; +0.8%). It declined in "other ...
- From economics.bmo.com|Aug 9, 2024
Canadian employment dipped by 2,800 in July, the second setback in a row, yet the unemployment rate surprisingly held steady at 6.4%. The X factor last month was a hefty 0.3 ppt drop in the participation rate (to 65.0%), helping avert a worse outcome on joblessness. The details were generally firmer than the soggy headline would suggest, as full-time jobs were up a sturdy 61,600 and total hours worked jumped 1.0% m/m. However, private sector employment fell by 41,900, almost precisely offset by a rise in public sector jobs, not an ...
| Released on Jan 10, 2025 |
|---|
| Released on Dec 6, 2024 |
|---|
| Released on Nov 8, 2024 |
|---|
| Released on Oct 11, 2024 |
|---|
| Released on Sep 6, 2024 |
|---|
| Released on Aug 9, 2024 |
|---|
- Details