Manon Angeline

Canada'S Unemployment Rate 2024. Canada unemployment rate is updated monthly, available from jan 1976 to jun 2024, with an average rate of 7.60%. The employment rate held steady at 61.4%, following six consecutive monthly declines.

Canada’s unemployment rate was 5.8% in december 2023. The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%.