Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Canada
LREM64TTCAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.30
Year-over-Year Change
-0.40%
Date Range
1/1/1976 - 6/1/2025
Summary
The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Canada measures the percentage of the Canadian population aged 15 to 64 who are employed. This key economic indicator provides insight into the overall health 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 employment rate for working-age Canadians, a crucial metric for assessing economic activity and workforce participation. Economists and policymakers monitor this trend to understand employment trends and make informed decisions about fiscal and monetary policy.
Methodology
The data is collected through Statistics Canada's Labor Force Survey, a monthly household survey that measures labor market activity.
Historical Context
The employment rate is a leading indicator used by the Bank of Canada and other institutions to evaluate the strength of the Canadian economy.
Key Facts
- The employment rate for Canadians aged 15-64 was 73.5% in 2022.
- Canada's employment rate has recovered to pre-pandemic levels.
- Women's employment rate in Canada is higher than the OECD average.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Canada measures the percentage of the working-age population in Canada that is employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate statistic is a key indicator of the health and strength of the Canadian labor market, providing valuable insight for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through Statistics Canada's monthly Labor Force Survey, a comprehensive household survey that measures various labor market indicators.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by the Bank of Canada and other institutions to evaluate the overall state of the Canadian economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The employment rate data is released monthly by Statistics Canada, with a typical lag of around one month between the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Canada (LREM64TTCAM156S), retrieved from FRED.