Unemployment Rate for Canada

Indicator Definition:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic "Unemployment Rate" stands at 6.91 percent as of 12/31/2025, the highest value since 12/31/2022.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.556 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.556.
The 3 year change in percentage points is 1.63.
The 5 year change in percentage points is -2.75.
The 10 year change in percentage points is -0.038.

The Serie's long term average value is 7.67 percent. It's latest available value, on 12/31/2025, is 0.762 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2022, to it's latest available value, on 12/31/2025, is +1.63.
The Serie's change in percentage points from it's maximum value, on 12/31/1993, to it's latest available value, on 12/31/2025, is -4.47.