Infra-Annual Labor Statistics: Employees Total for Canada
LFESEETTCAM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,329,300.00
Year-over-Year Change
1.59%
Date Range
1/1/1956 - 6/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employees Total for Canada' trend measures the monthly total number of employees in Canada. This metric is a key indicator of the health and strength of the Canadian labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the total number of employees in Canada on a monthly basis, providing a more granular view of employment trends compared to quarterly or annual labor statistics. Policymakers and economists closely monitor this metric to assess the state of the Canadian economy and labor force.
Methodology
The data is collected through surveys of Canadian businesses and households by Statistics Canada.
Historical Context
The employee count is used by the Bank of Canada and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Canada has a labor force of over 19 million people.
- The services sector accounts for the majority of Canadian employment.
- Employment levels in Canada have generally trended upward over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Employees Total for Canada' measures the monthly total number of employees in the Canadian labor market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely and granular view of employment conditions in Canada, which is crucial for policymakers, businesses, and economists to assess the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian businesses and households conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: The employee count is used by the Bank of Canada and other institutions to inform monetary and fiscal policy decisions aimed at supporting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for Canada (LFESEETTCAM647S), retrieved from FRED.