Metrics overview

Looking for clarification on a specific indicator? Choose from the metrics below to learn more about the key terms and measures used in the Labour Market Imbalances Dashboard.

Main Metrics

Select a metric below to learn more about each indicator.

Unemployment/ unemployment rate

The unemployment rate is the share of the labour force actively seeking work but not employed.  

Job vacancies/job vacancy rate

The vacancy rate measures unfilled positions as a share of total labour demand (filled and unfilled positions).

Imbalances ratio

The imbalances (unemployment-to-vacancy) ratio compares the number of unemployed people to the number of job vacancies. 

Participation rate

The participation rate measures the share of working-age people in the labour market. 

Employment rate

The employment rate measures the share of working-age people who are employed. 

Supplementary Metrics

Select a metric below to learn more about each indicator.

Wages (offered & paid)

Offered wages reflect employers’ pay for current vacancies, while paid wages show workers' actual earnings.

Long-term unemployment rate/vacancy rate

Long-term unemployment and vacancy rates reflect persistent labour market challenges and can indicate mismatches or sustained labour imbalances.

Hours worked

Hours worked measure the agreed-upon weekly hours employees work.

Employment by occupation

Employment by occupation shows how workers are distributed across occupations.

Vacancies by NOC & other characteristics

Vacancies by occupation show the share of vacancies reported by employers for each occupation, reflecting labour demand.

Learn more about the dashboard

Learn more about the indicators, data sources, and concepts behind the Labour Market Imbalances Dashboard.

Review the full dashboard

The Labour Market Imbalances Dashboard brings together indicators such as job vacancies, unemployment, and participation rates in an interactive format that helps identify imbalance signals and supports a better understanding of labour market conditions across Canada.

Learn how to use the dashboard

Make the most of the Labour Market Imbalances Dashboard with a quick overview of its features and how to use them. This guide walks you through navigating the dashboard, applying filters, adjusting views, and interacting with charts and data tables. Learn how to efficiently work with the data and customize the dashboard to meet your needs.