The labor force participation rate in Canada fell to 65.6% in July of 2023 from 65.7% in the previous month. source: Statistics Canada
Labor Force Participation Rate in Canada averaged 65.70 percent from 1976 until 2023, reaching an all time high of 67.70 percent in December of 2003 and a record low of 60.10 percent in April of 2020. This page provides the latest reported value for - Canada Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
Labor Force Participation Rate in Canada is expected to be 65.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Labor Force Participation Rate is projected to trend around 66.20 percent in 2024 and 66.50 percent in 2025, according to our econometric models.