Definition
The unemployment rate shows the percentage of Canadian adults who are not employed, are looking and are available to work.
Why This Matters
The unemployment rate shows the percentage of Canadian adults who are not working for pay, and are therefore not in a position to earn income. It is a common measure of economic well-being, and is one of the major social determinants of health (Mikkonen & Raphael 2010). Also, as an indicator of participation in the workforce, it can be used as an indicator of social capital.
Measurement and Limitations
The information is gathered from a secondary source that adapted the information from Statistics Canada Labor Force Survey. As the information is *Unadjusted Rates (%), 3 month moving average, due to an extremely small sample size, the numbers are estimates only.
Data Source
User, S. (2021). Unemployment Rate – Economic Development Brandon. Retrieved 15 November 2021, from http://economicdevelopmentbrandon.com/unemployment-rate
References
Mikkonen, J., & Raphael, D. (2010). Social Determinants of Health: The Canadian Facts. Toronto: York University School of Health Policy and Management. Available at:http://ywcacanada.ca/data/research_docs/00000131.pdf
Unemployment rate. (2021, August 26). Retrieved November 15, 2021, from https://www.mypeg.ca/indicator/unemployment-rate/
User, S. (2021). Unemployment Rate – Economic Development Brandon. Retrieved 15 November 2021, from http://economicdevelopmentbrandon.com/unemployment-rate
Economic Development Brandon – Labour Force Activity. Retrieved January 16, 2023, from http://economicdevelopmentbrandon.com/labour-force-activity#:~:text=An%20unemployment%20rate%20of%204.7,years%20of%20age%20and%20over.&text=The%20Southwest%20Region%20of%20Manitoba,to%20the%20local%20labour%20pool.
Sustainable Development Goals
Click on the SDG to reveal more information
1. End poverty in all its forms everywhere
Extreme poverty rates have been cut by more than half since 1990. While this is a remarkable achievement, one in five people in developing regions still live on less than $1.90 a day, and there are millions more who make little more than this daily amount, plus many people risk slipping back into poverty.
Poverty is more than the lack of income and resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making. Economic growth must be inclusive to provide sustainable jobs and promote equality.
10. Reduce inequality within and among countries
The international community has made significant strides towards lifting people out of poverty. The most vulnerable nations – the least developed countries, the landlocked developing countries and the small island developing states – continue to make inroads into poverty reduction. However, inequality still persists and large disparities remain in access to health and education services and other assets.
Additionally, while income inequality between countries may have been reduced, inequality within countries has risen. There is growing consensus that economic growth is not sufficient to reduce poverty if it is not inclusive and if it does not involve the three dimensions of sustainable development – economic, social and environmental.
To reduce inequality, policies should be universal in principle paying attention to the needs of disadvantaged and marginalized populations.