What was the unemployment rate in Canada in 2012?
7.3
Rate of unemployment in Canada from 2000 to 2020
| Characteristic | Unemployment rate |
|---|---|
| 2012 | 7.3 |
| 2011 | 7.5 |
| 2010 | 8.1 |
| 2009 | 8.3 |
What was the unemployment rate at the end of 2012?
The nationwide white unemployment rate at the end of 2012, 6.3 percent, remained higher than at the start of the recession in 2007 (Shierholz 2013). However, it remained lower than the overall national rate (7.8 percent).
When was Canada’s highest unemployment rate?
Unemployment Rate in Canada averaged 7.64 percent from 1966 until 2022, reaching an all time high of 13.70 percent in May of 2020 and a record low of 2.90 percent in June of 1966.
What was the highest unemployment rate in the last 10 years?
Unemployment Rate in the United States averaged 5.75 percent from 1948 until 2022, reaching an all time high of 14.70 percent in April of 2020 and a record low of 2.50 percent in May of 1953.
What was Canada’s unemployment rate in 2019?
5.73%
Canada: Unemployment rate from 2016 to 2026
| Unemployment rate | |
|---|---|
| 2020 | 9.6% |
| 2019 | 5.73% |
| 2018 | 5.91% |
| 2017 | 6.38% |
What was Canada’s unemployment rate in 2017?
6.3%
Unemployment rate in 2017 Nationally, Canada’s unemployment rate decreased to 6.3% in 2017 from 7.0% in 2016.
Why was unemployment so high in 2010?
The main factor driving the unemployment rate so high during this recession was, and continues to be, the sharp drop in creation of new jobs. Government spending still does not create jobs or prosperity, either.
What was the unemployment rate at the end of 2019?
3.5 percent
The U.S. labor market remained strong in 2019, as the unemployment rate fell to 3.5 percent, the lowest rate since 1969. Both the employment–population ratio and the civilian labor force participation rate increased over the year.
What is the current unemployment rate in Canada 2021?
7.5%
Unemployment rate in 2021 Canada’s unemployment rate was 7.5% in 2021, down from 9.5% in 2020 and well above the pre-pandemic rate of 5.7% in 2019.
What was the unemployment rate in the 1970s?
U.S. Unemployment Rates by Year
| Year | Unemployment Rate (December) | Inflation (December, YOY) |
|---|---|---|
| 1970 | 6.1% | 5.6% |
| 1971 | 6.0% | 3.3% |
| 1972 | 5.2% | 3.4% |
| 1973 | 4.9% | 8.7% |
Which country has the highest unemployment rate?
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.
What was Canada’s unemployment rate in 2020?
9.6%
In 2020, the unemployment rate in Canada was at around 9.6 percent….Canada: Unemployment rate from 2016 to 2026.
| Unemployment rate | |
|---|---|
| 2021* | 7.72% |
| 2020 | 9.6% |
| 2019 | 5.73% |
| 2018 | 5.91% |