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 |
---|---|---|---|
Jun 7, 2024 | 6.2% | 6.2% | 6.1% |
May 10, 2024 | 6.1% | 6.2% | 6.1% |
Apr 5, 2024 | 6.1% | 5.9% | 5.8% |
Mar 8, 2024 | 5.8% | 5.8% | 5.7% |
Feb 9, 2024 | 5.7% | 5.9% | 5.8% |
Jan 5, 2024 | 5.8% | 5.9% | 5.8% |
Dec 1, 2023 | 5.8% | 5.8% | 5.7% |
Nov 3, 2023 | 5.7% | 5.6% | 5.5% |
-
- CA Unemployment Rate News
- From statcan.gc.ca|Jun 7, 2024|3 comments
Employment was little changed in May (+27,000; +0.1%) and the employment rate fell 0.1 percentage points to 61.3%. The unemployment rate was 6.2% in May, up 0.1 percentage points in the month and 0.9 percentage points on a year-over-year basis. Employment was up for young women aged 15 to 24 (+48,000; +3.7%) and for women aged 55 and older (+21,000; +1.1%) in May. At the same time, employment declined among core-aged women (aged 25 to 54) (-40,000; -0.6%) and young men (-23,000; -1.6%). Employment rose in May in health care and ...
- From scotiabank.com|Jun 1, 2024
Major developments beckon this week that could inform broad global and regional macro risks. To date, none of the world’s most powerful central banks have begun easing policy. Several central banks have already been cutting and for some time across places such as Latin America, Switzerland, and Sweden, but this week might kick it up a few notches with the ECB most likely to lead the charge. The Bank of Canada’s decision is much more uncertain. It could go either way. I’ve laid out the case for going now, the case for waiting, and ...
- From statcan.gc.ca|May 10, 2024|4 comments
Employment increased by 90,000 (+0.4%) in April, and the unemployment rate was unchanged at 6.1%. The employment rate held steady at 61.4%, following six consecutive monthly declines. In April, employment rose among core-aged men (25 to 54 years old) (+41,000; +0.6%) and women (+27,000; +0.4%) as well as for male youth aged 15 to 24 (+39,000; +2.8%). There were fewer women aged 55 and older employed (-16,000; -0.8%), while employment was little changed among men aged 55 and older and female youth (aged 15 to 24). Employment gains in ...
- From statcan.gc.ca|Apr 5, 2024|5 comments
Employment was little changed in March (-2,200; -0.0%) and the employment rate fell 0.1 percentage points to 61.4%. The unemployment rate rose 0.3 percentage points to 6.1% in March. On a year-over-year basis, the unemployment rate was up by 1.0 percentage points. In March, employment declined among youth aged 15 to 24 (-28,000; -1.0%), while it rose among core-aged men (aged 25 to 54) (+20,000; +0.3%). Employment was little changed among core-aged women, as well as among women and men aged 55 and older. There were fewer people ...
- From scotiabank.com|Mar 29, 2024|2 comments
Housing has become a global obsession and like any obsession this carries unwanted side effects. This didn’t just happen overnight as this mania has been building to a crescendo over many years and presenting profound dilemmas to governments and central banks. There isn’t enough of it, or we over stimulate its demand. It’s a source of good jobs and major part of household wealth, but constantly seeking to stimulate its demand carries consequences that may be incongruent to achieving progress on other fronts. The housing beast sucks ...
- From statcan.gc.ca|Mar 8, 2024
Employment rose by 41,000 in February. The employment rate fell by 0.1 percentage points to 61.5%, as population growth (+0.3%) continued to outpace employment growth (+0.2%). The unemployment rate increased 0.1 percentage points to 5.8%, offsetting a decline in January. Employment increased among core-aged (25 to 54 years old) women (+45,000; +0.7%) and men (+23,000; +0.3%). At the same time, there were fewer women aged 55 and older employed (-29,000; -1.4%). Employment increased in Alberta (+17,000; +0.7%) and Nova Scotia (+6,300; ...
- From fxstreet.com|Mar 8, 2024
Canada’s employment data for February will be reported by Statistics Canada on Friday, March 8 at 13:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers at five major banks regarding the upcoming jobs figures. The North American economy is expected to have added 20K jobs following a solid 37.3K increase in January. Meanwhile, the Unemployment Rate is seen rising a tick to 5.8%, which would match the cycle high. RBC Economics: We expect February labour market data to show another gain in ...
- From statcan.gc.ca|Feb 9, 2024|3 comments
Employment increased by 37,000 in January, following three months of little change. The employment rate fell 0.1 percentage points to 61.6%, as population growth (+0.4%) outpaced employment growth (+0.2%). The unemployment rate fell 0.1 percentage points to 5.7%, the first decline since December 2022. The participation rate fell 0.2 percentage points to 65.3% in January 2024, as the number of people in the labour force held steady and the population aged 15 and older rose. Employment increased in Ontario (+24,000; +0.3%), ...
Released on Jun 7, 2024 |
---|
Released on May 10, 2024 |
---|
Released on Apr 5, 2024 |
---|
Released on Mar 8, 2024 |
---|
Released on Feb 9, 2024 |
---|
- Details