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1. www.thecanadianencyclopedia.ca › unemploymentUnemployment in Canada - The Canadian Encyclopedia

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   In May 2020, Canada’s unemployment rate reached 13.7 per cent. This is estimated to be the highest recorded rate of unemployment since comparable data became available in 1976. The labour market gradually recovered and in February 2022 the unemployment rate fell below its pre-Covid-19 level at 5.5%.

   • Fiscal Policy

     This produced in 1981-82 the deepest recession Canada had...

   • Eastern Townships

     The region has two universities: Université de Sherbrooke...

   • Economy

     Economy. Most modern economists think of economics as the...

   • Employment Insurance

     The Unemployment Insurance Act came into effect on 1 July...

   • Monetary Policy

     Monetary policy also has limitations. It cannot stimulate...

   • Business Cycles in Canada

     Measuring the Business Cycle. The most common measurement...

   • Work

     Thus they have a disproportionately high Unemployment rate...

   • Minimum Wage

     On 29 December 2021, the federal minimum wage changed to $15...

2. www150.statcan.gc.ca › n1 › daily-quotidienUnemployment rates in Canada and the United States, 1976 to 2016

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   Chart 3 Unemployment rates in Canada and the United States, 1976 to 2016. Labour Force Survey (3701) and U.S. Bureau of Labor Statistics.

3. www.macrotrends.net › CAN › canadaCanada Unemployment Rate 1991-2024 - Macrotrends

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   Canada Unemployment Rate 1991-2024. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Canada unemployment rate for 2023 was 5.37%, a 0.09% increase from 2022. Canada unemployment rate for 2022 was 5.28%, a 2.25% decline from 2021.

   • French Polynesia: 11.72%
   • Spain: 12.14%

   • New Caledonia: 11.22%
   • Virgin Islands (U.S.): 12.09%

4. Videos

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5. www150.statcan.gc.ca › n1 › daily-quotidienUnemployment rate: Comparison of revised and unrevised levels ...

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   Jan 30, 2023 · Chart 2 Unemployment rate: Comparison of revised and unrevised levels, seasonally adjusted, January 2020 to December 2022. Labour Force Survey (3701).

6. www.statista.com › topics › 4344Unemployment in Canada - Statistics & Facts | Statista

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   Jul 3, 2024 · By 2020, with the COVID-19 pandemic, this rate had risen again, reaching almost ten percent, while the number of unemployed people had risen to almost two million. The unemployment rate...

7. www150.statcan.gc.ca › n1 › pubUnemployment rates - Statistics Canada

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   Nearly 9 out of 10 unemployed people were looking for work, while the remainder were not because they were waiting for a recall (7.3%) or a new job to start (5.2%). During the recession of the early 1980s, the unemployment rate jumped, increasing from 7.6% in 1981 to 12.0% in 1983.

8. People also ask

   When did unemployment go down?

   • Strong employment growth from 1997 to 2000 brought the unemployment rate down to 6.8 per cent in January 1999. Unemployment spiked again briefly in the early 2000s, before resuming its decline in September 2003. The rate fell to 5.8 per cent in October 2007, its lowest rate before the 2008–09 recession.

   Unemployment in Canada - The Canadian Encyclopedia

   www.thecanadianencyclopedia.ca/en/article/unemployment

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   What was the unemployment rate in the 1980s?

   • During the recession of the early 1980s, the unemployment rate jumped, increasing from 7.6% in 1981 to 12.0% in 1983. This is the highest rate registered over the last three decades. The peak in the unemployment rate in the recession of the early 1990s was slightly lower, 11.4%, in 1993.

   Unemployment rates - Statistics Canada

   www150.statcan.gc.ca/n1/pub/71-222-x/2008001/sectiona/a-unemployment-chomage-eng.htm

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   What was Canada's unemployment rate during the recession?

   • During the economic recession, Canada’s unemployment rate peaked at 8.4 percent, which was an increase of 2.2 points over the pre-recession unemployment level. By 2020, with the COVID-19 pandemic, this rate had risen again, reaching almost ten percent, while the number of unemployed people had risen to almost two million.

   Unemployment in Canada - Statistics & Facts | Statista

   www.statista.com/topics/4344/unemployment-in-canada/

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   What is Canada's unemployment rate?

   • In May 2020, Canada’s unemployment rate reached 13.7 per cent. This is estimated to be the highest recorded rate of unemployment since comparable data became available in 1976. The labour market gradually recovered and in February 2022 the unemployment rate fell below its pre-Covid-19 level at 5.5%.

   Unemployment in Canada - The Canadian Encyclopedia

   www.thecanadianencyclopedia.ca/en/article/unemployment

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   What is Canada unemployment rate 2023?

   • Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Canada unemployment rate for 2023 was 5.37%, a 0.09% increase from 2022. Canada unemployment rate for 2022 was 5.28%, a 2.25% decline from 2021. Canada unemployment rate for 2021 was 7.53%, a 2.13% decline from 2020.

   Canada Unemployment Rate -2024 - Macrotrends

   www.macrotrends.net/global-metrics/countries/CAN/canada/unemployment-rate

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   What was the unemployment rate in 1982?

   • The unemployment rate rose steadily over the period to December 1982, reaching 13.1 per cent. This was thought to be the highest rate of unemployment since the Great Depression, when the unemployment rate peaked at 19.3 per cent in June 1933.

   Unemployment in Canada - The Canadian Encyclopedia

   www.thecanadianencyclopedia.ca/en/article/unemployment

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9. www.canada.ca › en › employment-social-developmentEconomic recovery in uncertain times and the future of the ...

   www.canada.ca › en › employment-social-development

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   Feb 23, 2022 · Canada enjoyed record-high employment and record-low unemployment rates. Peak employment rate: 74.4% in February 2020. Record-low unemployment rate: 5.4% in May 2019.