Canada Unemployment Rate — 2026 Data, Trend & Forecast
Canada's unemployment rate was 6.50% in September 2026, up from 6.40% the previous month. A year earlier it stood at 7.03%.
Canada's unemployment rate stands at 6.50% as of September 2026. The unemployment rate currently sits at 6.50% (up from 6.40% in the prior month). Across the tracked window it has ranged between 4.80% and 14.20%, and is 0.53% lower than a year ago.
The trend
Among the 227 economies tracked on this platform, Canada ranks #88 on unemployment rate by latest value. It rose from 6.40% in the previous month, and compares with a year-earlier 7.03%.
What's driving it
Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.
Recent readings
| Period | Unemployment rate |
|---|---|
| Sep 2026 | 6.50% |
| Aug 2026 | 6.40% |
| Jul 2026 | 6.40% |
| Jun 2026 | 6.50% |
| May 2026 | 6.60% |
| Apr 2026 | 6.90% |
| Mar 2026 | 6.63% |
| Feb 2026 | 6.70% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Unemployment Rate in Canada in 2026?
Canada's unemployment rate was 6.50% in September 2026, up from 6.40% the previous month. A year earlier it stood at 7.03%.
Is the unemployment rate rising or falling in Canada?
It rose in the latest reading — 6.50% in September 2026 versus 6.40% a month earlier. Year on year it is lower.
What is unemployment rate?
It measures the share of the labour force that is without work but actively seeking a job.