Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada
LRIN25TTCAA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.44
Year-over-Year Change
-14.15%
Date Range
1/1/1976 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada measures the percentage of the Canadian population aged 25 to 54 who are not actively employed or seeking work. This metric is crucial for economists and policymakers to understand labor force participation and trends.
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 series represents the share of the core working-age population in Canada that is economically inactive, meaning they are neither employed nor actively looking for a job. It provides insight into labor market dynamics and can inform decisions around employment policies and social support programs.
Methodology
The data is collected through household surveys conducted by Statistics Canada.
Historical Context
The inactivity rate is an important indicator for assessing the health and utilization of the Canadian labor force.
Key Facts
- The inactivity rate for Canadians aged 25-54 was 16.3% in 2022.
- The inactivity rate has declined from a high of 18.3% in 2020.
- Canada's inactivity rate is lower than the OECD average.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada measures the percentage of the Canadian population aged 25 to 54 who are not actively employed or seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into labor force participation and trends, which is important for economists and policymakers to understand the health and utilization of the Canadian labor market.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: The inactivity rate is an important indicator for assessing the health of the Canadian labor force, and can inform decisions around employment policies and social support programs.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, so there may be some delay in the most recent information being available.
Related Trends
Labor Compensation: Earnings: Manufacturing: Hourly for Canada
LCEAMN01CAA189S
Amount Outstanding of Domestic Debt Securities for Issuers in Financial Corporations, Residence of Issuer in Canada
DSAMRIAOFCCA
International Merchandise Trade Statistics: Exports: Commodities for Canada
XTEXVA01CAA664S
Balance of Payments: Primary Income: Expenditure for Canada
CANB6DBPI01CXCUSAQ
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Canada
ODCNPI03CAA189S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Canada
CANPROCONAISMEI
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada (LRIN25TTCAA156N), retrieved from FRED.