Statistics Canada announced the Canada's unemployment rate in May on 2025-06-06. The reported figure stands at 7%, against a forecast of 7%, with the prior figure recorded as 6.90%.
Regarding the Canada's unemployment rate in May, Published value < predicted value = bearish for the Canadian dollar, Refers to the ratio of unemployed people to the labor force within a specific period (the number of laborers who wish to work but remain unemployed among all employed individuals during that period), aimed at measuring idle labor capacity. It is a key indicator reflecting the unemployment situation in a country or region.
This data holds an importance level of , calculated using The proportion of unemployed and actively job-seeking individuals among the total working population in the previous month, and updates monthly. The next release is set for 2025-07-11 20:30:00.
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