Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Canada
LRHUTTMACAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
5.88%
Date Range
1/1/1956 - 6/1/2025
Summary
This trend measures the monthly unemployment rate among Canadian men aged 15 and over. It provides critical insights into the state of the Canadian labor market and helps policymakers understand economic conditions.
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 monthly unemployment rate for Canadian men aged 15 and over is a key indicator of labor force participation and economic health. It is widely used by economists, analysts, and policymakers to assess employment trends and inform policy decisions.
Methodology
This data is collected through household surveys conducted by Statistics Canada.
Historical Context
The unemployment rate is a crucial metric for evaluating the performance of the Canadian economy and labor market.
Key Facts
- The data is released on a monthly basis.
- Canada's male unemployment rate averaged 6.9% in 2022.
- Unemployment rates vary significantly by region and industry within Canada.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate among Canadian men aged 15 and over, providing insights into the state of the Canadian labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic health and labor force participation, used by economists, analysts, and policymakers to assess employment trends and inform policy decisions.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric for evaluating the performance of the Canadian economy and labor market, informing policy decisions by the government and central bank.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with minimal delays, providing timely insights into the Canadian labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Canada (LRHUTTMACAM156S), retrieved from FRED.