Canada Unemployment Rate September 2024. Canada unemployment rate for 2020 was 9.66%, a 3.97% increase from 2019. The unemployment rate increased from an average of 6.2% in q2 to 6.5% in q3 2024.

Canada’s unemployment rate fell as businesses hired more workers than expected, supporting the central bank’s case for gradual rate cuts even as some observers. Excluding the pandemic, it was the.