Unemployment in Canada
Canada - UnemploymentThe economy lost momentum in the third quarter of the year, with the quarter-on-quarter SAAR expansion decelerating notably from the second quarter. The slowdown came on the back of a near halving in private consumption growth as consumers held back their spending on durable goods. Moreover, government consumption slowed in Q3, while fixed investment decreased at the fastest pace in nearly two years, driven by lower business investment. The economy’s bright spot came from the external sector, which delivered the largest contribution to the headline reading in just under two years. However, this was only due to a significant decrease in imports. Turning to the fourth quarter, recent data appears more encouraging. The PMI reading for the private sector remained well in expansionary territory in November, and, in the same month, the unemployment rate fell to the lowest level since the present-day records began in 1976.
Canada - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Canada Unemployment Chart
Source: Statistics Canada.
|Bond Yield||1.95||1.00 %||Jan 11|
|Exchange Rate||1.33||0.15 %||Jan 14|
|Stock Market||14,976||0.23 %||Jan 14|
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October 31, 2018
Economic growth came in at 0.1% in monthly terms in August, on the heels of a stronger 0.2% month-on-month expansion in July.
October 22, 2018
On 1 October, after more than a year of tense negotiations, Canada and the United States agreed to maintain their longtime free-trade relationship, seemingly ending an uneasy chapter of neighborly brinkmanship that, only months ago, had threatened to upend the continent’s trading landscape.
October 19, 2018
Seasonally-adjusted consumer prices fell 0.1% from a month earlier in September, contrasting August’s 0.1% rise.
September 28, 2018
Economic growth came in at 0.2% in monthly terms in July, on the heels of an essentially flat reading in June.
September 12, 2018
House prices rose 0.2% on a monthly basis in August as the Teranet-National Bank National Composite House Price Index ticked higher, down from July’s 0.8% month-on-month increase.