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Canada Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

6.91% +0.53pp (+8.3%)
Year 2025 Rank #124 Global Peak 12.00% (1983) Source World Bank

Canada Unemployment Rate (1980–2025)

Overview

Canada's unemployment rate stood at 6.91% in 2025, a rise of +0.53pp from 2024. The IMF projects 6.86% by 2025. Canada ranked 124th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 6.03% - -
2029* IMF 6.12% - -
2028* IMF 6.22% - -
2027* IMF 6.34% - -
2026* IMF 6.60% - -
2025* IMF 6.86% - -
2025 6.91% +0.53pp #124
2024 6.35% +0.97pp #118
2023 5.42% +0.17pp #103
2022 5.28% −2.20pp #96
2021 7.53% −2.22pp #120
2020 9.66% +3.97pp #135
2019 5.69% −0.14pp #105
2018 5.84% −0.58pp #107
2017 6.43% −0.62pp #108
2016 7.04% +0.04pp #110
2015 6.95% −0.11pp #105
2014 7.02% −0.19pp #104
2013 7.14% −0.30pp #102
2012 7.39% −0.23pp #104
2011 7.64% −0.52pp #111
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.2% GDP growth 2.0% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

The stalled business and dried-up orders in Canada's Windsor border hub suggest regional job market challenges that could contribute to the national unemployment rate of 6.91%. While Canada'

Frequently Asked Questions

What is Canada's unemployment rate?

Canada's unemployment rate was 6.91% in 2025. Ranked 124th globally. This represents a 8.3% increase from the previous year.

What was the highest unemployment rate in Canada?

Canada's unemployment rate peaked at 12.00% in 1983.

What was the lowest unemployment rate in Canada?

The lowest unemployment rate in Canada was 5.28% in 2022.

How does Canada rank in unemployment rate?

Canada ranks 124th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Canada in 2025?

Canada's unemployment rate is projected to reach 6.86% by 2025 based on IMF projection.

What is the unemployment rate of Canada in 2025?

The unemployment rate of Canada in 2025 was 6.91%. This ranks 124th in the world.

Cite this page

APA
Canada Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/canada/unemployment-rate
BibTeX
@misc{historysaid_canada_unemployment-rate, title = {Canada Unemployment Rate}, url = {https://historysaid.com/canada/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }

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