Youth Unemployment Rate in Canada increased to 29.70 percent in May from 27.20 percent in April of 2020.

Youth Unemployment Rate in Canada averaged 13.98 percent from 1976 until 2020, reaching an all time high of 29.70 percent in May of 2020 and a record low of 10.20 percent in May of 2019. This page provides - Canada Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: Statistics Canada

Youth Unemployment Rate in Canada is expected to be 30.00 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 20.80 in 12 months time. In the long-term, the Canada Youth Unemployment Rate is projected to trend around 18.00 percent in 2021 and 11.30 percent in 2022, according to our econometric models.

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Canada Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
29.70 27.20 29.70 10.20 1976 - 2020 percent Monthly
SA

Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.70 13.00 13.70 2.90 percent [+]
Employed Persons 16474.50 16184.90 19189.40 9636.70 Thousand [+]
Unemployed Persons 2619.20 2418.30 2619.20 691.50 Thousand [+]
Part Time Employment 70.30 -521.90 136.30 -536.70 Thousand [+]
Full Time Employment 219.40 -1472.00 219.40 -1472.00 Thousand [+]
Employment Change 289.60 -1993.80 289.60 -1993.80 Thousand [+]
Labor Force Participation Rate 61.40 59.80 67.70 59.80 percent [+]
Youth Unemployment Rate 29.70 27.20 29.70 10.20 percent [+]
Productivity 110.55 106.90 110.55 67.26 points [+]
Labour Costs 112.10 110.94 112.10 44.07 points [+]
Wages 27.26 26.76 27.26 13.73 CAD/Hour [+]
Wages in Manufacturing 27.19 26.44 27.71 14.96 CAD/Hour [+]
Minimum Wages 14.00 14.00 14.00 1.00 CAD/Hour [+]
Population 37.78 37.31 37.78 17.91 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 9.10 3.20 9.10 -0.40 percent [+]
Job Vacancies 562910.00 581595.00 581595.00 330215.00 [+]
Non Farm Payrolls 14271.20 16101.40 17080.90 10863.80 Thousand [+]
Adp Employment Change 208.40 -226.70 208.40 -226.70 Thousand [+]
Average Hourly Earnings 31.34 31.35 31.35 15.88 CAD [+]
Employment Rate 52.90 52.10 63.70 52.10 percent [+]