TE offers a detailed overview of Canada’s national unemployment rate, updated monthly to reflect the country’s evolving economic conditions. As of May 2025, the unemployment rate stands at 7.0%, marking the highest level since 2021. This figure is part of a broader labour market analysis compiled from Statistics Canada and presented by Trading Economics.
Each monthly update provides key indicators, including:
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National unemployment rate (%)
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Total number of unemployed individuals
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Employment gains or losses by sector (e.g., manufacturing, services)
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Labour force participation rate
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Monthly job creation or loss trends
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Macroeconomic influences (e.g., tariffs, market shocks)
This data helps users track labour force performance, assess economic health, and understand key employment trends shaping Canada's job market. .
