The labor force participation rate in Canada remained steady from the previous month's 65.1%, remaining at a 4-month high. Labor Force Participation Rate in Canada averaged 65.73 percent from 1976 until 2024, reaching an all time high of 67.70 percent in December of 2003 and a record low of 60.10 percent in April of 2020. source: Statistics Canada
Labor Force Participation Rate in Canada remained unchanged at 65.10 percent in December.
Labor Force Participation Rate in Canada remained unchanged at 65.10 percent in December. Labor Force Participation Rate in Canada is expected to be 65.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Labor Force Participation Rate is projected to trend around 66.00 percent in 2025 and 66.50 percent in 2026, according to our econometric models.