Canada: employment



This graph shows unemployment from 1998 until early 2011. Unemployment was high at the beginning of this time period, standing at 8.3 per cent in 1998 in the aftermath of Canada’s mid-1990s economic slump. It went right down to 6.03 per cent in 2007, as Canada experienced a boom in line with the US. However, unemployment sky-rocketed again following the 2008 crash, going back up to 8.29 per cent in 2009. Since then, Canada has fared better in reducing the jobless count than its neighbour, the US.