Current Unemployment Rate 2024 Canada

Current Unemployment Rate 2024 Canada. Historically, the average for canada from january 1976 to september 2024 is 8.07 percent. The bank of canada called for inflation “ups and downs” in its policy deliberations during its rate decision in october, abbey xu, an economist at royal bank of canada, said.

Unemployment rate in canada increased to 6.60 percent in august from 6.40 percent in july of 2024. Newfoundland and labrador had the highest unemployment rate in canada at 10.0%, while yukon and quebec had the lowest at 5.6% and 5.5%, respectively, in september.