<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The trade conflict has disrupted the labour market recovery</label>
    <description><![CDATA[3-month moving average, seasonally adjusted, monthly data

Note: Employment growth needed to keep the employment rate constant is calculated by multiplying the net monthly change in the size of the working-age population in the Labour Force Survey by the previous month’s employment rate.

Sources: Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=245137</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2025M04_LF_EMP_S1">
<label>Actual employment growth</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M04_LF_EMP_S2">
<label>Employment growth needed to keep the employment rate constant</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M04_LF_EMP_S3">
<label>Population growth</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2022-08-01"><v s="MPR_2025M04_LF_EMP_S2">33.34</v><v s="MPR_2025M04_LF_EMP_S1">5.93</v><v s="MPR_2025M04_LF_EMP_S3">53.60</v></o>
<o d="2022-09-01"><v s="MPR_2025M04_LF_EMP_S1">15.10</v><v s="MPR_2025M04_LF_EMP_S3">55.53</v><v s="MPR_2025M04_LF_EMP_S2">34.49</v></o>
<o d="2022-10-01"><v s="MPR_2025M04_LF_EMP_S1">31.77</v><v s="MPR_2025M04_LF_EMP_S3">56.97</v><v s="MPR_2025M04_LF_EMP_S2">35.36</v></o>
<o d="2022-11-01"><v s="MPR_2025M04_LF_EMP_S3">54.90</v><v s="MPR_2025M04_LF_EMP_S1">47.53</v><v s="MPR_2025M04_LF_EMP_S2">34.06</v></o>
<o d="2022-12-01"><v s="MPR_2025M04_LF_EMP_S2">33.83</v><v s="MPR_2025M04_LF_EMP_S3">54.50</v><v s="MPR_2025M04_LF_EMP_S1">67.47</v></o>
<o d="2023-01-01"><v s="MPR_2025M04_LF_EMP_S2">37.87</v><v s="MPR_2025M04_LF_EMP_S3">60.90</v><v s="MPR_2025M04_LF_EMP_S1">76.90</v></o>
<o d="2023-02-01"><v s="MPR_2025M04_LF_EMP_S1">76.50</v><v s="MPR_2025M04_LF_EMP_S2">44.02</v><v s="MPR_2025M04_LF_EMP_S3">70.63</v></o>
<o d="2023-03-01"><v s="MPR_2025M04_LF_EMP_S3">81.17</v><v s="MPR_2025M04_LF_EMP_S1">71.87</v><v s="MPR_2025M04_LF_EMP_S2">50.68</v></o>
<o d="2023-04-01"><v s="MPR_2025M04_LF_EMP_S1">48.10</v><v s="MPR_2025M04_LF_EMP_S3">81.53</v><v s="MPR_2025M04_LF_EMP_S2">50.96</v></o>
<o d="2023-05-01"><v s="MPR_2025M04_LF_EMP_S2">52.92</v><v s="MPR_2025M04_LF_EMP_S3">84.67</v><v s="MPR_2025M04_LF_EMP_S1">31.13</v></o>
<o d="2023-06-01"><v s="MPR_2025M04_LF_EMP_S2">54.46</v><v s="MPR_2025M04_LF_EMP_S3">87.23</v><v s="MPR_2025M04_LF_EMP_S1">39.60</v></o>
<o d="2023-07-01"><v s="MPR_2025M04_LF_EMP_S1">31.43</v><v s="MPR_2025M04_LF_EMP_S3">92.60</v><v s="MPR_2025M04_LF_EMP_S2">57.75</v></o>
<o d="2023-08-01"><v s="MPR_2025M04_LF_EMP_S1">55.13</v><v s="MPR_2025M04_LF_EMP_S2">58.88</v><v s="MPR_2025M04_LF_EMP_S3">94.57</v></o>
<o d="2023-09-01"><v s="MPR_2025M04_LF_EMP_S1">44.13</v><v s="MPR_2025M04_LF_EMP_S2">57.88</v><v s="MPR_2025M04_LF_EMP_S3">93.00</v></o>
<o d="2023-10-01"><v s="MPR_2025M04_LF_EMP_S1">47.27</v><v s="MPR_2025M04_LF_EMP_S2">57.51</v><v s="MPR_2025M04_LF_EMP_S3">92.47</v></o>
<o d="2023-11-01"><v s="MPR_2025M04_LF_EMP_S1">35.47</v><v s="MPR_2025M04_LF_EMP_S2">55.87</v><v s="MPR_2025M04_LF_EMP_S3">89.87</v></o>
<o d="2023-12-01"><v s="MPR_2025M04_LF_EMP_S2">56.37</v><v s="MPR_2025M04_LF_EMP_S3">90.77</v><v s="MPR_2025M04_LF_EMP_S1">22.50</v></o>
<o d="2024-01-01"><v s="MPR_2025M04_LF_EMP_S3">96.27</v><v s="MPR_2025M04_LF_EMP_S1">27.73</v><v s="MPR_2025M04_LF_EMP_S2">59.68</v></o>
<o d="2024-02-01"><v s="MPR_2025M04_LF_EMP_S2">60.99</v><v s="MPR_2025M04_LF_EMP_S3">98.53</v><v s="MPR_2025M04_LF_EMP_S1">29.73</v></o>
<o d="2024-03-01"><v s="MPR_2025M04_LF_EMP_S2">62.05</v><v s="MPR_2025M04_LF_EMP_S1">27.23</v><v s="MPR_2025M04_LF_EMP_S3">100.40</v></o>
<o d="2024-04-01"><v s="MPR_2025M04_LF_EMP_S2">62.19</v><v s="MPR_2025M04_LF_EMP_S3">100.80</v><v s="MPR_2025M04_LF_EMP_S1">41.13</v></o>
<o d="2024-05-01"><v s="MPR_2025M04_LF_EMP_S2">64.10</v><v s="MPR_2025M04_LF_EMP_S3">104.00</v><v s="MPR_2025M04_LF_EMP_S1">30.20</v></o>
<o d="2024-06-01"><v s="MPR_2025M04_LF_EMP_S2">65.39</v><v s="MPR_2025M04_LF_EMP_S3">106.27</v><v s="MPR_2025M04_LF_EMP_S1">33.80</v></o>
<o d="2024-07-01"><v s="MPR_2025M04_LF_EMP_S1">4.13</v><v s="MPR_2025M04_LF_EMP_S2">65.71</v><v s="MPR_2025M04_LF_EMP_S3">106.97</v></o>
<o d="2024-08-01"><v s="MPR_2025M04_LF_EMP_S1">14.77</v><v s="MPR_2025M04_LF_EMP_S2">63.23</v><v s="MPR_2025M04_LF_EMP_S3">103.20</v></o>
<o d="2024-09-01"><v s="MPR_2025M04_LF_EMP_S2">61.45</v><v s="MPR_2025M04_LF_EMP_S3">100.50</v><v s="MPR_2025M04_LF_EMP_S1">21.13</v></o>
<o d="2024-10-01"><v s="MPR_2025M04_LF_EMP_S1">23.23</v><v s="MPR_2025M04_LF_EMP_S2">53.69</v><v s="MPR_2025M04_LF_EMP_S3">87.97</v></o>
<o d="2024-11-01"><v s="MPR_2025M04_LF_EMP_S3">76.70</v><v s="MPR_2025M04_LF_EMP_S2">46.75</v><v s="MPR_2025M04_LF_EMP_S1">27.93</v></o>
<o d="2024-12-01"><v s="MPR_2025M04_LF_EMP_S3">65.00</v><v s="MPR_2025M04_LF_EMP_S1">46.00</v><v s="MPR_2025M04_LF_EMP_S2">40.00</v></o>
<o d="2025-01-01"><v s="MPR_2025M04_LF_EMP_S3">59.00</v><v s="MPR_2025M04_LF_EMP_S1">70.00</v><v s="MPR_2025M04_LF_EMP_S2">36.00</v></o>
<o d="2025-02-01"><v s="MPR_2025M04_LF_EMP_S3">54.33</v><v s="MPR_2025M04_LF_EMP_S1">56.03</v><v s="MPR_2025M04_LF_EMP_S2">33.14</v></o>
<o d="2025-03-01"><v s="MPR_2025M04_LF_EMP_S3">51.63</v><v s="MPR_2025M04_LF_EMP_S1">14.83</v><v s="MPR_2025M04_LF_EMP_S2">31.53</v></o>
</observations>
</data>