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Canada Unemployment Rate (WEO)

ILO-modeled annual unemployment rate for Canada from the IMF WEO. Structurally close to the BoC's non-inflationary rate.

The Canada Unemployment Rate (WEO) is currently 6.91%, last updated .

6.91%
1W +8.75%1M +8.75%3M +8.75%
Updated 2d ago
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The OECD CLI condenses dozens of forward-looking inputs (order books, business surveys, term spreads, share prices) into a single index normalized to 100. Cross-country comparisons reveal whether a downturn is local or global, and the U.S. CLI has historically peaked 6-9 months before recessions. Paired with IMF WEO staff forecasts for real GDP growth and current account balances across 20 economies, the leading-indicator suite gives a more robust turning-point signal than any single country in isolation.

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Recent Data

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DateValueChange
Dec 31, 20256.91%+8.75%
Dec 31, 20246.35%+17.29%
Dec 31, 20235.42%+2.58%
Dec 31, 20225.28%-29.87%
Dec 31, 20217.53%-22.06%
Dec 31, 20209.66%+69.72%
Dec 31, 20195.69%-2.52%
Dec 31, 20185.84%-9.17%
Dec 31, 20176.43%-8.70%
Dec 31, 20167.04%+1.34%
Dec 31, 20156.95%-1.11%
Dec 31, 20147.02%-1.68%
Dec 31, 20137.14%-3.37%
Dec 31, 20127.39%-3.21%
Dec 31, 20117.64%-6.62%
Dec 31, 20108.18%-3.33%
Dec 31, 20098.46%+34.63%
Dec 31, 20086.28%+2.08%
Dec 31, 20076.16%-5.06%
Dec 31, 20066.48%-4.05%
Dec 31, 20056.76%-5.94%
Dec 31, 20047.18%-5.14%
Dec 31, 20037.57%-1.19%
Dec 31, 20027.67%—

Related in IMF Macro

US Real GDP Growth (WEO)
Annual real GDP growth rate for the United States from the IMF World Economic Outlook, via World Bank open data. The G7 growth benchmark; typically oscillates 1.5-3%.
Canada Real GDP Growth (WEO)
Annual real GDP growth rate for Canada from the IMF World Economic Outlook. A resource-exporter tightly coupled to US demand and commodity prices.
Mexico Real GDP Growth (WEO)
Annual real GDP growth rate for Mexico from the IMF World Economic Outlook. Tightly integrated with US supply chains post-USMCA.
Brazil Real GDP Growth (WEO)
Annual real GDP growth rate for Brazil from the IMF World Economic Outlook. Largest Latin American economy, driven by commodity and agricultural export cycles.

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Frequently Asked Questions

▶What is Canada Unemployment Rate (WEO)?
ILO-modeled annual unemployment rate for Canada from the IMF WEO. Structurally close to the BoC's non-inflationary rate.
▶How does Canada Unemployment Rate (WEO) relate to imf macro?
Canada Unemployment Rate (WEO) is part of the IMF Macro category. The OECD CLI condenses dozens of forward-looking inputs (order books, business surveys, term spreads, share prices) into a single index normalized to 100. Cross-country comparisons reveal whether a downturn is local or global, and the U.S. CLI has historically peaked 6-9 months before recessions. Paired with IMF WEO staff forecasts for real GDP growth and current account balances across 20 economies, the leading-indicator suite gives a more robust turning-point signal than any single country in isolation.
▶How often is Canada Unemployment Rate (WEO) updated?
Canada Unemployment Rate (WEO) is updated annual. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Canada Unemployment Rate (WEO) data?
Convex sources Canada Unemployment Rate (WEO) data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Canada Unemployment Rate (WEO) chart page?
The Canada Unemployment Rate (WEO) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated annual. This page is for informational purposes only and does not constitute financial advice.