
Statistics Canada releases monthly labour statistics. Given Trumps newly implemented tariffs, there should soon be a drastic change in Canada's unemployment rate. What will that unemployment rate be?
I chose March, since I assume it will take awhile for the tariffs to start being enforced and for the employers to react. I chose the unemployment rate, because I couldn't find a reliable release of the GDP per capita statistic for Canada.
I will be using the following page, which lists Seasonally Adjusted Unemployment:
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028701
The current December 2024 Seasonally Adjusted Unemployment rate was 6.7%. During COVID, it hit a peak of 13.7%. March 2024 was 6.1%.
The March 2025 labour force survey will be release April 4 2025:
https://www150.statcan.gc.ca/n1/dai-quo/cal1-eng.htm?sk=3587
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