the rennie landscape - Spring 2022

economy

OUT WITH THE PANDEMIC—AND IN WITH THE ENDEMIC—UNEMPLOYMENT RATES

18%

16%

15.9%

15.6%

15.0%

14%

13.5%

13.3%

12%

10%

8.7%

8.0% 7.8%

8.0% 6.9%

8%

7.4%

6%

5.5% 5.2%

5.4%

5.4% 4.4%

4.9% 4.6%

4%

2%

0%

VANCOUVER

EDMONTON

CALGARY

TORONTO

OTTAWA

MONTRÉAL

PREPANDEMIC FEB ‘

PANDEMIC PEAK JUN ‘

CURRENT FEB ‘

DATA: THREE-MONTH MOVING AVERAGE, SEASONALLY-ADJUSTED UNEMPLOYMENT RATES SOURCE: LABOUR FORCE SURVEY, STATISTICS CANADA

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