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The lowest level of national unemployment came in 1947 with a 2.2% unemployment rate, a result of the smaller pool of available workers caused by casualties from the Second World War. The highest level of unemployment throughout Canada was set in December 1982, when the early 1980s recession resulted in 13.1% of the adult population being out ...
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations , with a highly globalized economy. [ 36 ]
The unemployment rate ended 2024 at just 4.1%. The only incoming presidents to inherit a lower unemployment rate were President George W. Bush in January 2001 and President Richard Nixon in ...
The unemployment rate instead fell as low as 3.4% and ended 2024 at 4.1%, close to what many economists think the economy can support without reigniting price pressures; inflation has declined to ...
The unemployment rate fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023. Revisions to the unemployment rate in 2024 also showed the labor market ...
By August 2024, Canada's youth unemployment rate was 14.5%, the highest seen since 2012. [21] The Bank of Canada refers to this as an economic emergency. [19] China
This is a list of OECD countries by long-term unemployment rate published by the OECD. ... Canada: 0.90%: 0.89% 0.50%