Unemployment Rate (Monthly)
North America Ranking
percentSource: IMF
Definition of Unemployment Rate (Monthly)
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Costa Rica | 9.58 | 6-2023 | 1 | 10.6 |
| 2 | Canada | 5.2 | 9-2023 | 2 | 5.2 |
| 3 ↑ | United States | 3.8 | 9-2023 | 4 | 3.6 |
| 4 ↓ | Ecuador | 3.7 | 9-2023 | 3 | 3.8 |
| 5 | Mexico | 2.7 | 9-2023 | 5 | 2.68 |
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
