Canada Unemployment Rate
1976 - 2024 | Monthly | % | Statistics Canada
Key information about Canada Unemployment Rate
- Canada Unemployment Rate increased to 6.10% in Mar 2024, from the previously reported figure of 5.80% in Feb 2024.
- Canada Unemployment Rate is updated monthly, available from Jan 1976 to Mar 2024, with an average rate of 7.60%.
- The data reached an all-time high of 14.10% in May 2020 and a record low of 4.80% in Jul 2022.
- The data is reported by reported by Statistics Canada.
- In the latest reports, Canada Population reached 40.10 million people in Jun 2023.
View Canada's Unemployment Rate from Jan 1976 to Mar 2024 in the chart:
What was Canada's Unemployment Rate in Mar 2024?
Canada Unemployment Rate increased to 6.10% in Mar 2024, from the previously reported figure of 5.80% in Feb 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.10 Mar 2024 | 5.80 Feb 2024 | 4.80 Jul 2022 | 14.10 May 2020 | % | monthly | Jan 1976 - Mar 2024 |
Unemployment Rate by Country Comparison
Buy Selected Data
Includes Unemployment Rate on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.54 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Algeria (%) | 11.40 Jun 2019 | quarterly | Mar 2014 - Jun 2019 |
| Argentina (%) | 6.90 Mar 2023 | quarterly | Jun 1990 - Mar 2023 |
| Armenia (%) | 13.10 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Australia (%) | 3.70 Feb 2024 | monthly | Feb 1978 - Feb 2024 |
| Austria (%) | 4.90 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Azerbaijan (%) | 5.64 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Bahrain (%) | 5.90 2020 | yearly | 1991 - 2020 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.10 Feb 2024 | monthly | Oct 2004 - Feb 2024 |
| Belgium (%) | 5.50 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Bolivia (%) | 2.83 Dec 2023 | quarterly | Dec 2015 - Dec 2023 |
| Bosnia and Herzegovina (%) | 13.20 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 20.68 2022 | yearly | 1991 - 2022 |
| Brazil (%) | 7.80 Feb 2024 | monthly | Mar 2012 - Feb 2024 |
| Brunei (%) | 5.20 2022 | yearly | 1981 - 2022 |
| Bulgaria (%) | 4.20 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.10 Mar 2024 | monthly | Jan 1976 - Mar 2024 |
| Chile (%) | 8.50 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| China (%) | 5.10 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 6.40 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Czech Republic (%) | 2.73 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.38 Dec 2023 | quarterly | Dec 2013 - Dec 2023 |
| Egypt (%) | 6.90 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Estonia (%) | 5.30 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| European Union (%) | 6.00 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Finland (%) | 6.90 Apr 2023 | monthly | Jan 1988 - Apr 2023 |
| France (%) | 7.20 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| Georgia (%) | 17.26 2022 | yearly | 1991 - 2022 |
| Germany (%) | 3.20 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 2.90 Feb 2024 | monthly | Oct 1981 - Feb 2024 |
| Hungary (%) | 4.70 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Iceland (%) | 3.68 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 8.90 Dec 2021 | quarterly | Jun 2001 - Dec 2021 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 3.30 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Italy (%) | 7.46 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.60 Feb 2024 | monthly | Jan 1953 - Feb 2024 |
| Jordan (%) | 21.40 Nov 2023 | quarterly | Feb 2000 - Nov 2023 |
| Kazakhstan (%) | 4.70 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.80 Mar 2024 | monthly | Jun 1999 - Mar 2024 |
| Kosovo (%) | 11.50 Mar 2023 | quarterly | Mar 2016 - Mar 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.90 2022 | yearly | 1992 - 2022 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 6.90 Jan 2024 | monthly | Jan 1998 - Jan 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 7.40 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Luxembourg (%) | 5.57 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Macau SAR, China (%) | 2.20 Feb 2024 | monthly | Sep 1996 - Feb 2024 |
| North Macedonia (%) | 13.00 Dec 2023 | quarterly | Mar 2023 - Dec 2023 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.30 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Malta (%) | 2.85 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.58 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 3.92 Dec 2023 | quarterly | Sep 2006 - Dec 2023 |
| Montenegro (%) | 12.20 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Morocco (%) | 12.40 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Mozambique (%) | 3.67 2023 | yearly | 1991 - 2023 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.10 Jul 2021 | monthly | Jan 2003 - Jul 2021 |
| New Zealand (%) | 4.00 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 3.90 Jan 2024 | monthly | Jan 1989 - Jan 2024 |
| Oman (%) | 3.30 Feb 2024 | monthly | Mar 2018 - Feb 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 24.10 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Panama (%) | 11.30 2021 | yearly | 2003 - 2021 |
| Paraguay (%) | 5.23 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Peru (%) | 7.30 Feb 2024 | monthly | Mar 2001 - Feb 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 5.40 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Portugal (%) | 7.20 Jan 2021 | monthly | Feb 1998 - Jan 2021 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.60 Apr 2023 | monthly | Jan 2004 - Apr 2023 |
| Russia (%) | 2.80 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Saudi Arabia (%) | 4.43 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Serbia (%) | 9.10 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Singapore (%) | 1.90 May 2023 | monthly | Mar 2020 - May 2023 |
| Slovakia (%) | 3.92 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Slovenia (%) | 3.40 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| South Africa (%) | 32.10 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Spain (%) | 11.76 Dec 2023 | quarterly | Sep 1976 - Dec 2023 |
| Sri Lanka (%) | 4.30 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 7.22 Apr 2023 | monthly | Jan 1983 - Apr 2023 |
| Switzerland (%) | 4.01 Dec 2023 | monthly | Jan 1991 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doCanada Key Series
Buy Selected Data
Includes 322 key indicators for Canada, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Dec 2023 | quarterly | Jun 1993 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -1,533.934 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Tax Revenue (USD mn) | 25,573.270 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Tax Revenue: % of GDP (%) | 12.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| National Government Debt (USD mn) | 1,423,314.6 2023 | yearly | 1962 - 2023 |
| Government Debt: % of GDP (%) | 67.8 2023 | yearly | 1962 - 2023 |
| Forecast: Government Expenditure (CAD bn) | 1,420.940 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,415.640 2028 | yearly | 1980 - 2028 |
| Budgetary Revenue (CAD mn) | 41,239.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -2,059.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Expense (CAD mn) | -43,298.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,501.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 34,327.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | 15,896.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.047 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,030.8 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Exports (USD mn) | 49,351.2 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Exports Growth (%) | 4.2 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 48,320.4 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Imports Growth (%) | 1.4 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 37,191.556 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Imports from USA (USD mn) | 30,462.815 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Exports to China (USD mn) | 1,892.074 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Imports from China (USD mn) | 3,324.071 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Coal Exports (kton) | 2,193.000 Jan 2024 | monthly | Jan 1977 - Jan 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 10,007.180 Feb 2024 | monthly | Jan 2022 - Feb 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,705.329 Feb 2024 | monthly | Jan 2022 - Feb 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 868,150.093 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Household Debt: % of GDP (%) | 101.2 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Money Supply M1 (USD mn) | 1,121,199.940 Jan 2024 | monthly | Mar 1975 - Jan 2024 |
| Money Supply M2 (USD mn) | 1,859,997.759 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| M2 Growth (%) | 3.5 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 89,875.0 Mar 2024 | monthly | Jun 1999 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.199 Dec 2023 | quarterly | Jun 1999 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Feb 2024 | monthly | Jun 1999 - Feb 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 4,369,876.262 Jan 2024 | monthly | Jan 2009 - Jan 2024 |
| Total Deposits Growth (%) | 3.2 Jan 2024 | monthly | Jan 2010 - Jan 2024 |
| Domestic Credit (USD mn) | 4,683,925.6 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Domestic Credit Growth (%) | 2.5 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Debt Service Ratio: Households (%) | 14.500 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.300 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 2,181.612 Sep 2023 | quarterly | Mar 1969 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,677.640 Sep 2023 | quarterly | Mar 1954 - Sep 2023 |
| Household Debt (USD mn) | 2,181,527.2 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Total Loans (USD mn) | 3,176,165.571 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Total Loans Growth (%) | 3.38 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 217.49 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,593,996.000 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,486,521.000 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,505,606.000 Dec 2023 | monthly | Mar 1975 - Dec 2023 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,500,614.000 Jan 2024 | monthly | Mar 1975 - Jan 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,590,804.000 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,489,421.000 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| Official International Reserves (USD mn) | 117,950.000 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -1.4 Mar 2024 | monthly | Dec 2001 - Mar 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 57.500 Mar 2024 | monthly | Dec 2000 - Mar 2024 |
More Indicators for Canada
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Demographic and Labour Market
Compensation per Hour Worked: 2007=100
Employment and Unemployment
Employment and Wage
Hours Worked
Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual
Job Vacancy: Job Vacancy and Wage Survey
Labour Force
Labour Force, Employment and Unemployment: Annual
Labour Force Survey: Actual Hours Worked
Labour Force Survey: Employment
Labour Force Survey: Employment: by Industry: Annual
Labour Force Survey Estimates: Employment
Labour Force Survey Estimates: Labour Force
Labour Force Survey Estimates: Unemployment
Labour Force Survey: Job Tenure
Labour Force Survey: Labour Force: Students
Labour Force Survey: Unemployment
Labour Force Survey: Unemployment: Students
Labour Productivity Index
Multifactor and Capital Productivity: OECD Member: Annual
Population
Social: Education Statistics
Survey of Employment, Payrolls and Hours: Average Weekly Earnings: Annual
Unemployment: Duration: Labour Force Survey
Union Wage Rate Index: Construction: 1992=100
Unit Labour Cost Index
Wages, Labour Cost and Employment Index: Annual
Compensation per Hour Worked
Education Statistics
Employment and Unemployment: Forecast: OECD Member: Annual
Employment Insurance Beneficiaries
Hours Worked: 2007=100
Job Vacancy and Wage Survey: Job Vacancies: NAICS 2022
Job Vacancy: Survey of Employment, Payrolls and Hours
Labour Force, Employment and Unemployment
Labour Force, Employment and Unemployment: Quarterly
Labour Force Survey: Employees Wages
Labour Force Survey: Employment: by Industry
Labour Force Survey: Employment: Students
Labour Force Survey Estimates: Employment by Industry
Labour Force Survey Estimates: Population: 15 Years and Above
Labour Force Survey: Job Permanency
Labour Force Survey: Labour Force
Labour Force Survey: Population
Labour Force Survey: Unemployment Duration
Labour Force Survey: Usual Hours Worked
Labour Productivity Index: 2007=100
Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual
Population and Urbanization Statistics
Survey of Employment, Payrolls and Hours: Average Weekly Earnings
Survey of Employment, Payrolls and Hours: Average Weekly Hours Worked
Unemployment Insurance
Union Wage Rate Index: Construction: 2007=100
Unit Labour Cost Index: 2007=100