Unemployment in Canada

Canada Unemployment | Economic News & Forecasts

Canada - Unemployment

Canada’s economy posted a solid performance in the second quarter, buoyed by a resilient external sector which posted strong gains despite the ongoing trade spat with the United States. Meanwhile, momentum looks to have broadly held up in the third quarter. Despite higher borrowing costs, household spending appears to have remained elevated on firm employment gains and moderate wage growth. Furthermore, housing-market metrics continue to suggest that fundamentals have stabilized. However, trade uncertainties persist. Although bilateral NAFTA talks resumed between Canada and the U.S. on 19 September, an immediate deal is unlikely and negotiations may well extend until the U.S.-imposed 1 October deadline as negotiators remain at odds over a number of clauses, including dairy-industry tariffs and the dispute-settlement process.

Canada - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate7.1  6.9  6.9  7.0  6.3  

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Canada Unemployment Chart

Canada Unemployment
Note: Unemployment in % of active population.
Source: Statistics Canada.

Canada Facts

Bond Yield2.491.00 %Oct 11
Exchange Rate1.300.15 %Oct 12
Stock Market15,4140.23 %Oct 12

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