Canada's unemployment rate in July
Statistics Canada announced the Canada's unemployment rate in July on 2025-08-08. The reported figure stands at 6.9%, against a forecast of 7%, with the prior figure recorded as 6.90%.
Regarding the Canada's unemployment rate in July, Published value < Forecast value = Bearish for the Canadian dollar, It refers to the ratio of unemployed people to the labor force over a certain period (the number of workers who are willing to work but are still without jobs among all employed people during that period), aiming to measure idle labor capacity and is a key indicator reflecting the unemployment situation of a country or region.
This data holds an importance level of , calculated using The proportion of the unemployed and those actively seeking work among the total working population in the previous month, and updates monthly. The next release is set for 2025-09-05 20:30:00.
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