Canada Unemployment Rate 2025 Forecast. Canada’s job market will continue to cool in 2025, but it should hold up better than in previous cyclical downturns. Over the remainder of the forecast horizon, ei benefits are expected to increase as a result of higher insurable earnings and a slightly higher unemployment.
Employment rises in april 2025. The country shed 1,400 jobs in june, while the unemployment rate rose 0.2 percentage points to 6.4%, statistics canada reported friday in ottawa.
Climbing Unemployment Rates Across The Nation Will.
The unemployment rate in canada rose to 6.4% in june of 2025 from 6.2% in the earlier month, the highest since january of 2022, and surpassing market expectations of 6.3%.
Our Forecast Now Sees The Unemployment Rate Averaging 6.1% In 2025.
The canadian economy was virtually unchanged in june, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, statistics canada said.
Over the remainder of the forecast horizon, ei benefits are expected to increase as a result of higher insurable earnings and a slightly higher unemployment.
Trading Economics Provides Data For 20 Million Economic Indicators From 196.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.