Challenges
Unemployment Rate
Most recent - Friday 8 September 2023 12:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Friday 6 October 2023 12:30
The typical/expected impact on CAD pairs is high.
There is no forecast value for Unemployment Rate yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Unemployment Rate was 5.5% against a forecast of 5.6%.
Past events
Economic context
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bullish change | -0.2% | 0% | ||
| Retail Sales (MoM) | Bullish change | 0.1% | 0.3% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 1% | ||
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.5% | 0.1% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 3.2% | 3.3% | ||
| Consumer Price Index (MoM) | Bearish change | 0.6% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 3.3% | 4% |
About Unemployment Rate
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |