Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada
LFEMTTTTCAM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,061,200.00
Year-over-Year Change
1.67%
Date Range
1/1/1955 - 6/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada' measures the total employment for individuals aged 15 and older in Canada. This key economic indicator provides insights into the health and dynamics of the Canadian labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the overall employment levels in Canada on a sub-annual basis, offering more granular and timely insights compared to standard annual labor force surveys. Economists and policymakers use this metric to monitor employment trends and inform decisions around fiscal, monetary, and labor market policies.
Methodology
The data is collected through household surveys conducted by Statistics Canada.
Historical Context
This employment statistic is a crucial input for assessing the broader Canadian economic landscape and can signal shifts in consumer demand, production, and overall economic activity.
Key Facts
- Canada's total employment reached a record high in 2022.
- The service sector accounts for the majority of employment in Canada.
- Employment levels in Canada are closely tied to commodity prices and exports.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of individuals aged 15 and older who are employed in Canada on a sub-annual basis.
Q: Why is this trend relevant for users or analysts?
A: Employment figures are a key indicator of the overall health and performance of the Canadian economy, providing insights into consumer demand, production, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment statistic to inform decisions around fiscal, monetary, and labor market policies in Canada.
Q: Are there update delays or limitations?
A: This sub-annual employment data is published more frequently than standard annual labor force surveys, providing timelier insights, but may be subject to revisions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada (LFEMTTTTCAM647S), retrieved from FRED.