Youth Unemployment Rate in Canada decreased to 10 percent in May from 10.30 percent in April of 2019. Youth Unemployment Rate in Canada averaged 13.96 percent from 1976 until 2019, reaching an all time high of 20.70 percent in October of 1982 and a record low of 10 percent in May of 2019.
Youth Unemployment Rate in Canada is expected to be 10.92 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Canada to stand at 11.80 in 12 months time. In the long-term, the Canada Youth Unemployment Rate is projected to trend around 11.30 percent in 2020, according to our econometric models.