Community Dashboard: Unemployment rate

Current 7.3%

Previous 6.5%

Preferred trend Decrease

Reporting date Jan. 31, 2024

Rationale and analysis

How we measure this data

As reported by Statistics Canada for both sexes, using a three-month moving average, unadjusted for seasonality. The Labour Force data is reported as an accumulation of neighbouring municipalities around one central municipality. For the employment rate it is aggragated as St. Catharines-Niagara CMA, excluding Grimbsy and West Lincoln.

Prior-year values are averages of monthly values while current-year values are reported on a monthly basis as per data availability.

The unemployment rate for a particular group (age, sex, marital status, etc.) is the number unemployed in that group expressed as a percentage of the labour force for that group. Estimates are percentages, rounded to the nearest tenth.

Progress and advancements

Niagara's unemployment rate has continued to increase as the employment has been correspondingly decreasing. Unemployment spiked in October 2022 at 5.2%, and has fallen slightly at 4.8% as of February 2023.

About this indicator

The unemployment rate is the number of unemployed persons expressed as a percentage of the labour force.

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