North America
Canada Unemployment
Share of the labor force that is without work but available for and seeking employment.
Latest Value
6.9%
As of 2025
YoY Change
+8.8%
2024 → 2025
Record High
11.4%
Recorded in 1993
Record Low
5.3%
Recorded in 2022
10-Year Average
6.6%
2016–2025
Data Range
1991–2025
35 data points
Source
World Bank
Code: SL.UEM.TOTL.ZS
Historical Trend
Analysis
Canada's unemployment rate of 6.91 percent as of 2025 is relatively stable and near the natural rate of unemployment, indicating a balanced labor market. This rate allows for some labor market flexibility while minimizing the negative impacts of unemployment on individuals and the economy. The stability in the unemployment rate also reflects Canada's diverse economy and its ability to adapt to global economic changes.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2025 | 6.9% | 0.6% | +8.8% |
| 2024 | 6.4% | 0.9% | +17.3% |
| 2023 | 5.4% | 0.1% | +2.6% |
| 2022 | 5.3% | 2.2% | -29.9% |
| 2021 | 7.5% | 2.1% | -22.1% |
| 2020 | 9.7% | 4.0% | +69.7% |
| 2019 | 5.7% | 0.1% | -2.5% |
| 2018 | 5.8% | 0.6% | -9.2% |
| 2017 | 6.4% | 0.6% | -8.7% |
| 2016 | 7.0% | 0.1% | +1.3% |
Source: World Bank Open Data · 1991–2025
Similar Rankings
Global · Unemployment
