Home Canada Employment Unemployment Rate Lowest

Canada Lowest Unemployment Rate

5.28% in 2022
Unemployment as % of total labor force · World Bank

The lowest unemployment rate in Canada was 5.28% in 2022. The top 5 years were: 2022 (5.28%), 2023 (5.42%), 2019 (5.69%), 2018 (5.84%), 2007 (6.16%).

Top 5 Lowest Years
Canada Top 5 Lowest Unemployment Rate Years
RankYearValue
1st 2022 5.28%
2nd 2023 5.42%
3rd 2019 5.69%
4th 2018 5.84%
5th 2007 6.16%
All Data (sorted by value)
YearValueChangeRank
2023 5.42% +0.17pp 103rd
2022 5.28% −2.20pp 96th
2025 6.91% +0.53pp 124th
2024 6.35% +0.97pp 118th
2019 5.69% −0.14pp 105th
2018 5.84% −0.58pp 107th
2017 6.43% −0.62pp 108th
2021 7.53% −2.22pp 120th
2016 7.04% +0.04pp 110th
2015 6.95% −0.11pp 105th
2014 7.02% −0.19pp 104th
2013 7.14% −0.30pp 102nd
2008 6.28% +0.13pp 104th
2007 6.16% −0.29pp 100th
2012 7.39% −0.23pp 104th
Show all