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Economic Calendar

CanadaUnemployment Rate

The Unemployment Rate, released by Statistics Canada, is the number of unemployed workers divided by the total civilian labor force as a percentage. It is a leading indicator for the Canadian Economy. If the rate is up, it indicates a lack of expansion within the Canadian labor market and a weakening of the Canadian economy. Generally, a decrease of the figure is seen as bullish for the Canadian Dollar (CAD), while an increase is seen as bearish.

Country:Canada
Currency:CAD
Frequency:Month

Next Event -

Previous
6.9%
Consensus
7%
Actual
6.5%

The typical/expected impact on CAD pairs is High.

Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.

Most Recent -

Consensus
6.8%
Actual
6.5%

Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.

Past Events

DateTimeActualConsensus
06 February 202613:306.5%6.8%
09 January 202613:306.8%6.6%
05 December 202513:306.5%7%
07 November 202513:306.9%7.1%
10 October 202512:307.1%7.2%
05 September 202512:307.1%7%
08 August 202512:306.9%7%
11 July 202512:306.9%7.1%
06 June 202512:307%7%
09 May 202512:306.9%6.8%
04 April 202512:306.7%6.7%
07 March 202513:306.6%6.7%
07 February 202513:306.6%6.8%
10 January 202513:306.7%6.9%
06 December 202413:306.8%6.6%
08 November 202413:306.5%6.6%
11 October 202412:306.5%6.7%
06 September 202412:306.6%6.5%
09 August 202412:306.4%6.5%
05 July 202412:306.4%6.3%