TSX vs Canada UnemploymentWhen Canada's unemployment rate starts increasing, the TSX is generally at an all-time high and starts crashing as the unemployment rate goes up.
When will the top be in 2024? August?
The unemployment rate has risen by 1% in the last year. Every time that happened, a recession followed.
How bad wi
Key data points
Last release
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Observation period
Mar 2025
Next release
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Forecast
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Highest
13.70 % on May 31, 2020
Lowest
2.90 % on Jun 30, 1966
About Canada unemployment rate
In Canada, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate Canada unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Canada unemployment rate is 2.90%.
The highest figure Canada unemployment rate has ever reached is 13.70%.
Last month Canada unemployment rate was 6.70%, and the month before it reached 6.60%.