Canada Unemployment Rate
6.4%▼ −0.1 pt
Jul 2026 · Monthly
Canada's unemployment rate held at 6.4% in August 2026, unchanged from July. The rate has fallen from 7.1% a year earlier and from 6.9% in April 2026, remaining at its lowest since June 2026, according to the OECD.
source: OECD
Unemployment Rate in Canada fell to 6.4% in Jul 2026 from 6.5% in Jun 2026.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 6.4% | 6.5% | 14.2%May 2020 | 2.8%Oct 1956 | 1955 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Population | 41.7M | 41.3M | 41.7M | 17.9M | Dec 2025 | Annual |
| GDP Growth Rate | 1.1% | 0.1% | 12.9% | -12.2% | Jun 2026 | Quarterly |
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About this series
Unemployment Rate in Canada averaged 7.7% from 1990 until 2026, reaching an all-time high of 14.2% in May 2020 and a record low of 2.8% in Oct 1956. The series is reported monthly with history from 1955.
Source & methodology
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