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Canada Unemployment Rate

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Canada Unemployment Rate

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Delivery Method

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Status

 
Latest Release
Nov 03, 2017
Actual
6.3%
Forecast
6.2%
Previous
6.2%
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

A higher than expected reading should be taken as negative/bearish for the CAD, while a lower than expected reading should be taken as positive/bullish for the CAD.
Importance:
Country:
Currency: CAD
Source: Statistics Canada
Canada Unemployment Rate
 
Release Date Time Actual Forecast Previous
Dec 01, 2017 (Nov) 08:30   6.2% 6.3%
Nov 03, 2017 (Oct) 07:30 6.3% 6.2% 6.2%
Oct 06, 2017 (Sep) 07:30 6.2% 6.3% 6.2%
Sep 08, 2017 (Aug) 07:30 6.2% 6.3% 6.3%
Aug 04, 2017 (Jul) 07:30 6.3% 6.5% 6.5%
Jul 07, 2017 (Jun) 07:30 6.5% 6.6% 6.6%

News

The Day Ahead: Top 3 Things to Watch
The Day Ahead: Top 3 Things to Watch By Investing.com - Nov 02, 2017

Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow It’s 'Jobs Friday' Nonfarm payrolls data, arguably one of the most important economic events ...

Forex - Dollar Trims Gains But Remains Broadly Supported
Forex - Dollar Trims Gains But Remains Broadly Supported By Investing.com - Oct 06, 2017

Investing.com - The dollar trimmed gains against other major counterparts on Friday, but the greenback remained within close distance of a 10-week high after data showed that the U.S. unemployment ...

Analysis

Ed Anderson
Sterling Falls On Rate Rise By Ed Anderson - Nov 03, 2017

In line with market expectations, the Bank of England raised the UK base rate to 0.5% (from 0.25%) on Thursday. The rise, the first in 10 years, was widely expected as the UK has seen inflation well ...

Kathy Lien
Big Day Ahead: BoC, AU CPI, UK GDP And IFO By Kathy Lien - Oct 24, 2017 3

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar traded higher against all of the major currencies Tuesday as the 10-year Treasury yield rose above 2.4%. ...

Unemployment Rate Discussion

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