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Canada Unemployment Rate

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

Canada's unemployment rate was 6.91% in 2025, ranked 124th globally. This represents a 8.3% increase from 2024. Data from World Bank, covering 1980–2025.

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.

Canada's unemployment rate has exhibited significant fluctuations over the past 46 years, with the all-time peak occurring in 1983 at 12.00% amidst a global economic downturn. Conversely, the country experienced a trough in 2022 with an unemployment rate of 5.28%, a result of a relatively strong economic performance. As of 2025, the unemployment rate stands at 6.91%, ranking Canada 124th globally. Compared to its peer countries, Canada's unemployment rate is slightly higher than that of Costa Rica at 6.84%. Historical trends suggest that Canada's unemployment rate has generally trended downwards since the 1980s, albeit with some volatility. The current rate remains above the 2022 trough, indicating a need for sustained economic growth to drive further reductions in unemployment. A significant increase in investment in the country's education and training sectors could potentially alter the trajectory of Canada's unemployment rate, helping to drive it closer to the global average.

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 →

Ottawa's announcement of 100,000 additional permanent resident spots for provinces with labor needs, particularly in the Atlantic region, directly relates to Canada's labor market. This policy aims to address workforce shortages, which could help stabilize or potentially lower the national unemployment rate of 6.91% by filling existing job vacancies.

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 November 9, 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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