Canada unemployment rate
Canada’s unemployment rate decreased to 7.8 by -4.88% on June 2021 from 8.2 in the previous month. On a year on year basis Canada’s unemployment rate decreased by -36.59%. Canada’s unemployment rate trend is down since the current value of 7.8 is lower than the 12 month moving average of 8.79167. and the 12 month moving average slope is down. Canada’s unemployment rate 5-year percentile is currently at 5.0%.
Canada unemployment rate Chart
The last 20 values of the series are displayed below. Sign up free to access the full historical data series using MacroVar Web/Excel or API.
Embed this chart in your website or Share this chart with your friends
Canada unemployment rate
| Date | Values |
|---|---|
| 2022-03-31 | 5.3 |
| 2022-02-28 | 5.5 |
| 2022-01-31 | 6.5 |
| 2021-12-31 | 6 |
| 2021-11-30 | 6 |
| 2021-10-31 | 6.7 |
| 2021-09-30 | 6.9 |
| 2021-08-31 | 7.1 |
| 2021-07-31 | 7.5 |
| 2021-06-30 | 7.8 |
| 2021-05-31 | 8.2 |
| 2021-04-30 | 8.1 |
| 2021-03-31 | 7.5 |
| 2021-02-28 | 8.2 |
| 2021-01-31 | 9.4 |
| 2020-12-31 | 8.8 |
| 2020-11-30 | 8.5 |
| 2020-10-31 | 8.9 |
| 2020-09-30 | 9 |
| 2020-08-31 | 10.2 |
Canada Unemployment rate Statistics
Click here to explore the methodology used for estimating the Canada unemployment rate signals presented in the statistics table below.| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| unemployment rate | ca.unemploymentrate | 5.3 | 5.5 | -4 | -29 | -100.0 | -100.0 | 16 | 2022-03-31 |
Canada Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| S&P/TSX Composite | TSE | 20111.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canada ETF | EWC | 35.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canadian Dollar US Dollar (CAD/USD) | CADUSD | 1.3258 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canada 10-Year Bond Yield | CA.10Y | 3.147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canada 5-Year Bond Yield | CA.5Y | 3.764 | 1 | 1 | 1.6285 | 61.8119 | 0.02617 | 0.10187 | 0.05701 | 1.54153 |
| Canada 2-year bond yield | CA.2Y | 3.826 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canada Yield Curve | CA.YC | -0.585 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Canada Credit Default Swaps | CDS.Canada | 67.2518 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Canada Financial News Stream
Canada Macroeconomic Indicators
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | ca.balanceoftrade | 1138.3 | 550 | 107 | 14 | -100.0 | 100.0 | 57 | 2022-09-30 |
| bank lending rate | ca.banks.lendingrate | 5.45 | 4.7 | 16 | 122 | 100.0 | 100.0 | 100 | 2022-10-31 |
| banks balance sheet | ca.banks.bs | 1118500 | 1106760 | 1.06 | 3.07 | UP | UP | 41.67 | 2022-11-20 |
| building permits | ca.buildingpermits | 10217500 | 12390600 | -18 | -0 | -100.0 | -100.0 | 22 | 2022-09-30 |
| business confidence | ca.bizconfidence | 50.1 | 59.5 | -16 | -16 | -100.0 | -100.0 | 14 | 2022-10-31 |
| capacity utilization | ca.caputilization | 83.8 | 81.9 | 2 | -1 | 100.0 | -100.0 | 51 | 2022-06-30 |
| capital flows | ca.capitalflows | -435 | 7058 | -106 | 1640 | 100.0 | -100.0 | 83 | 2022-06-30 |
| car registrations | ca.carregistrations | 138365 | 136972 | 1.02 | -5.01 | UP | Down | 40 | 2022-11-17 |
| central bank balance sheet | ca.cb.assets | 431863 | 439152 | -2 | -13 | -100.0 | -100.0 | 3 | 2022-09-30 |
| consumer confidence | ca.consconfidence | 46.62 | 48.51 | -3.9 | -13.81 | -100.0 | -100.0 | 18.3333 | 2022-11-30 |
| consumer price index cpi | ca.cpi | 153.8 | 152.7 | 0.72 | 8.08 | UP | UP | 100 | 2022-11-17 |
| core inflation rate | ca.coreinflationrate | 5.5 | 4.8 | 15 | 293 | 100.0 | 100.0 | 93 | 2022-03-31 |
| current account | ca.currentaccount | 2690 | 2650 | 2 | -128 | 100.0 | 100.0 | 22 | 2022-06-30 |
| current account to gdp | ca.currentaccountgdp | 0.1 | -1.9 | -105 | -103 | 100.0 | 100.0 | 0 | 2021-01-31 |
| deposit interest rate | ca.depositrate | 4.21 | 4.22 | 0 | 0 | 0 | 0 | 0 | 2022-11-15 |
| exports | ca.exports | 66366.5 | 65487 | 1 | 26 | 100.0 | 100.0 | 89 | 2022-09-30 |
| external debt | ca.externaldebt | 3239740 | 3213410 | 1 | 18 | 100.0 | 100.0 | 10 | 2023-01-31 |
| fiscal expenditure | ca.fiscalexp | 30169 | 32330 | -6.68 | -13.68 | Down | Down | 51.67 | 2022-11-25 |
| foreign direct investment | ca.fdi | 24852 | 20113 | 24 | 4 | 100.0 | 100.0 | 56 | 2022-06-30 |
| foreign exchange reserves | ca.fxreserves | 103776 | 102689 | 1 | -0 | -100.0 | -100.0 | 28 | 2022-10-31 |
| gdp | ca.gdp | 1990.76 | 1645.42 | 21 | 45 | 100.0 | 100.0 | 0 | 2021-12-31 |
| Real GDP | ca.realgdp | 2158240 | 2140750 | 1 | 3 | 100.0 | 100.0 | 31 | 2022-06-30 |
| gdp growth | ca.gdpgrowth | 0.8 | 1.6 | -50 | 700 | 100.0 | 100.0 | 96 | 2022-03-31 |
| gdp growth annual | ca.gdpgrowthan | 4.6 | 2.9 | 59 | 119 | 100.0 | 100.0 | 87 | 2022-06-30 |
| gdp growth annualized | ca.gdpgrowthannu | 3.1 | 6.6 | -53 | 675 | 100.0 | 100.0 | 97 | 2022-03-31 |
| gold reserves | ca.goldres | 0 | 3 | -100 | -100 | -100.0 | -100.0 | 0 | 2015-12-31 |
| government budget | ca.govbudget | -4.7 | -14.9 | -68 | 683 | -100.0 | -100.0 | 98 | 2021-01-31 |
| Government budget | ca.govbudgetvalue | -2160 | -2450 | -11.84 | -81.08 | Down | UP | 53.33 | 2022-11-25 |
| government debt to gdp | ca.govdebtgdp | 112.8 | 117.8 | -4 | 42 | 100.0 | 100.0 | 0 | 2021-01-31 |
| government revenues | ca.govrev | 31375 | 34081 | -7.94 | 16.85 | Down | UP | 75 | 2022-11-25 |
| housing index | ca.housingindex | 125.7 | 125.1 | 0 | 10 | 100.0 | 100.0 | 81 | 2022-04-30 |
| housing starts | ca.housingstarts | 267.1 | 298.8 | -10.61 | 12.17 | Down | UP | 76.67 | 2022-11-17 |
| imports | ca.imports | 65228.2 | 64937 | 0 | 26 | 100.0 | 100.0 | 93 | 2022-09-30 |
| industrial production | ca.indproduction | 4.16 | 6.18 | -33 | -52 | -100.0 | -100.0 | 57 | 2022-06-30 |
| industrial production mom | ca.indproductionmm | -0.61 | 0.47 | -230 | -184 | -100.0 | -100.0 | 37 | 2022-08-31 |
| inflation cpi | ca.inflationcpi | 7 | 7.6 | -8 | 71 | 100.0 | 100.0 | 67 | 2022-08-31 |
| interbank rate | ca.interbankrate | 4.64 | 4.64 | 0 | 0 | 0 | 0 | 0 | 2022-11-15 |
| interest rate | ca.interestrate | 3.75 | 3.25 | 15 | 1400 | 100.0 | 100.0 | 100 | 2022-10-26 |
| loans to private sector | ca.loanprivate | 603776 | 592110 | 1.97 | 22.44 | UP | UP | 100 | 2022-11-20 |
| Canada | ca.manpmi | 48.8 | 49.8 | -2 | -15 | -100.0 | -100.0 | 6 | 2022-10-31 |
| money supply m0 | ca.msm0 | 319257 | 310021 | 2.98 | -18.65 | Down | Down | 60 | 2022-11-25 |
| money supply m1 | ca.msm1 | 1583300 | 1582490 | 0.05 | 0.21 | Down | UP | 85 | 2022-11-20 |
| money supply m2 | ca.msm2 | 2374340 | 2358110 | 0.69 | 3.84 | UP | UP | 100 | 2022-11-20 |
| money supply m3 | ca.msm3 | 3371950 | 3340090 | 0.95 | 8.13 | UP | UP | 100 | 2022-11-20 |
| Producer Price Index | ca.producerprices | 129.5 | 126.5 | 2.37 | 10.12 | UP | UP | 95 | 2022-11-20 |
| PPI Index | ca.producerpricesch | 10.1 | 9.1 | 10.99 | -39.16 | Down | Down | 70 | 2022-11-20 |
| retail sales MoM | ca.retailsales | -0.5 | 0.4 | -225 | 0 | Down | Down | 23.33 | 2022-11-23 |
| retail sales | ca.retailsalesan | 7 | 8 | -12 | -12 | -100.0 | -100.0 | 60 | 2022-08-31 |
| retail sales ex autos | ca.retailsalesexauto | -0.7 | 0.5 | -240 | -128 | Down | Down | 16.67 | 2022-11-23 |
| unemployment rate | ca.unemploymentrate | 5.3 | 5.5 | -4 | -29 | -100.0 | -100.0 | 16 | 2022-03-31 |
| youth unemployment rate | ca.ytunemploymentrate | 10.6 | 9.8 | 8 | 1 | 100.0 | 100.0 | 67 | 2022-10-31 |
Canada unemployment rate analysis
Canada’s unemployment rate is the percent of the labor force that is jobless. Unemployment rate is a lagging economic indicator. Explore MacroVar financial knowledge base structured by professional fund managers and economists.
Canada unemployment rate trend
Canada unemployment rate trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Canada unemployment rate has recorded new highs or lows. Canada unemployment rate trend change is assumed when the specific indicator has recorded a 3-month high / low or more.
Canada unemployment rate momentum
Canada unemployment rate momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.