The unemployment rate in Canada decreased to 10.2 percent in August of 2020 from 10.9 percent in the previous month and slightly above market expectations of 10.1 percent. The economy added 245.8 thousand jobs, below forecasts of a 275 thousand gain, due to both full-time work (205.8 thousand) and part-time employment (40 thousand). The labour force participation rate went up to 64.6 percent from 64.3 percent in the prior month.

Unemployment Rate in Canada averaged 7.64 percent from 1966 until 2020, reaching an all time high of 13.70 percent in May of 2020 and a record low of 2.90 percent in June of 1966. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Canada