Unemployment Rate 2024 Canada

Unemployment Rate 2024 Canada. The unemployment rate rose to 6.8 per cent in november from 6.5 per cent the previous month, statistics canada said friday in a report. Canada unemployment rate for 2021 was 7.53%, a 2.13% decline from 2020.

Canada’s unemployment rate jumped to 6.8 per cent last month as more people looked for work in a weak job market, shifting expectations toward a jumbo interest rate cut. Canadian employers collectively added some 51,000 jobs in november, statistics canada said, but the unemployment rate jumped to 6.8 per cent as more people looked for work.