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Canada Unemployment Rate 2020s

Unemployment as % of total labor force · World Bank
6.86% decade average (2020-2029)

Canada's unemployment rate during the 2020s ranged from 5.28% (2022) to 9.66% (2020), averaging 6.86% over 6 years of data.

2020s Data
YearValueChangeRank
2020 9.66% +3.97pp 135th
2021 7.53% −2.22pp 120th
2022 5.28% −2.20pp 96th
2023 5.42% +0.17pp 103rd
2024 6.35% +0.97pp 118th
2025 6.91% +0.53pp 124th