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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Unemployment (% of Labor Force) climbed to 6.91 Percent in December 2025
World BankYearlyReleased December 2025
Canada Unemployment (% of Labor Force) climbed to 6.91 Percent in December 2025, up 0.56 Percent from November's 6.35 Percent reading.
Latest Release
6.907000
Actual
—
Consensus
6.351000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Unemployment (% of Labor Force) (Canada) was reported at 6.91 Percent in December 2025. The reading rose from the previous value of 6.35 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. In December readings over the past 3 years, Unemployment (% of Labor Force) has averaged 6.22 Percent.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Aug 4) and S&P Global Manufacturing PMI (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Unemployment (% of Labor Force) - CA
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About Unemployment (% of Labor Force) — Canada
DEFINITION
Canada's Unemployment (% of Labor Force) rose to 6.907% in December 2025, up from 6.351% in December 2024, marking a clear increase in joblessness. This rise signals a weakening labor market compared to the previous year. Market participants will watch upcoming employment reports closely amid this deteriorating trend. Updated 5/1/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection.
Σ
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Economic Calendar - CA Events
| Tuesday, August 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Balance of Trade | 4.24 | 3 | 5.34 | Medium | |
| 12:30 | CA | Imports | 72.86 | 70.2 | 71.25 | Low | |
| 12:30 | CA | Exports | 77.1 | 75 | 78.63 | Low | |
| 13:30 | CA | S&P Global Manufacturing PMI | 53 | 50.2 | 50.20 | Medium | |
| Thursday, August 6, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:30 | CA | S&P Global Composite PMI | 47.9 | 49 | 49.95 | Low | |
| 13:30 | CA | S&P Global Services PMI | 47.1 | 48 | 48.80 | Low | |