Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Canada
LREMTTTTCAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.90
Year-over-Year Change
-0.65%
Date Range
1/1/1976 - 6/1/2025
Summary
The Employment Rate Total: 15 Years or over for Canada measures the percentage of the working-age Canadian population that is employed. This key labor market indicator provides insight into the overall health and utilization of the Canadian workforce.
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
The Employment Rate Total tracks the share of Canadians aged 15 and older who are currently employed, regardless of their full-time or part-time status. It is a widely used metric for assessing the strength and participation of the Canadian labor force and can inform economic and policy decisions.
Methodology
The data is collected through national household surveys by Statistics Canada.
Historical Context
Policy makers and analysts monitor this employment rate to gauge the performance of the Canadian economy and labor market.
Key Facts
- The employment rate in Canada was 61.8% as of the latest data.
- Employment rates are typically higher for men than women in Canada.
- The employment rate declined during the COVID-19 pandemic but has since recovered.
FAQs
Q: What does this economic trend measure?
A: The Employment Rate Total: 15 Years or over for Canada measures the percentage of the working-age Canadian population that is currently employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate is a key indicator of the overall health and utilization of the Canadian labor force, which is crucial for assessing the performance of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected through national household surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: Policy makers and analysts monitor this employment rate to gauge the strength of the Canadian labor market and inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The employment rate data is published on a regular schedule by Statistics Canada, but there may be some delays in the most recent data releases.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Canada (LREMTTTTCAM156S), retrieved from FRED.