Rates and Statistics

Labour market

Definitions

Unemployment rate (%)
Refers to the number of unemployed persons expressed as a percentage of the labour force. Learn more

Participation rate (%)
Refers to the labour force expressed as a percentage of the population 15 years of age and over. Learn more

Growth in employment (annualized rate, %)
Refers to the annualized growth rate of the population 15 years of age and over that is employed. Learn more

Skilled labour shortage (% firms)
Manufacturing (Statistics Canada survey)
From Statistics Canada's Business Condition Survey for manufacturing industries; proportion of firms reporting a shortage of skilled labour which restricts the ability to meet the demand (source of production difficulty). Learn more

Labour shortage (% firms)
All sectors (Bank of Canada Regional Office Survey)
From Bank of Canada's Regional Office Survey; proportion of firms affected by a shortage of labour that restricts the ability to meet demand.