Unemployment Rate 2024 Canada 2024. 106 rows — — canada unemployment rate is updated monthly, available from jan 1976 to jul 2024, with an average rate of 7.60 %. — as the canadian economy moderates, the unemployment rate is expected to rise to a peak of 6.5 per cent in the fourth quarter of this year and average 6.3 per cent.
In canada, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Unemployment rate decreased to 6.7%.