Breaking News

Canada Unemployment Rate

Latest Release

Dec 06, 2024

Actual

6.8%

Forecast

6.6%

6.5%

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

Release Date	Time	Actual	Forecast	Previous
Dec 06, 2024 (Nov)	08:30	6.8%	6.6%	6.5%
Nov 08, 2024 (Oct)	08:30	6.5%	6.6%	6.5%
Oct 11, 2024 (Sep)	07:30	6.5%	6.7%	6.6%
Sep 06, 2024 (Aug)	07:30	6.6%	6.5%	6.4%
Aug 09, 2024 (Jul)	07:30	6.4%	6.5%	6.4%
Jul 05, 2024 (Jun)	07:30	6.4%	6.3%	6.2%

News

Futures Accelerate Monday By Baystreet.ca - Dec 09, 2024

Baystreet.ca - Futures tied to Canada's main stock index rose on Monday, helped by oil and metal prices, while investors looked ahead to this week's Bank of Canada's interest rate decision. The TSX...

TSX Composite starts with gains today; shares up at market open, employment data in focus By Investing.com - Oct 11, 2024

Investing.com - Canadian equities started with gains on Friday. The top risers were Capped Materials, Capped Industrials and Capped Consumer Staples indices. At the market open in Toronto, the TSX...

TSX Topples at Opening Bell By Baystreet.ca - Sep 20, 2024

Baystreet.ca - Canada's main stock index opened slightly lower on Friday as investors took a pause a day after an oversized interest-rate cut in the United States drove broader gains in global...

Analysis

Bank of Canada Preview: Another One Down By James Knightley - Jul 18, 2024

A second 25bp cut is on its way The Bank of Canada kicked off its easing cycle at the 5 June meeting and our sense in the wake of that decision was it would follow up with a further 75bp of rate cuts...

U.S. Dollar Gains Momentum In Early 2022 Trade By Kathy Lien - Jan 04, 2022

Dollar bulls came charging out of the gate on the first day of the 2022 trade. The greenback moved sharply higher against all of the major currencies, with USD/JPY closing in on a 4-year-high....

3 Reasons Why U.S. Dollar Shrugged Off Weak Payrolls By Kathy Lien - Dec 03, 2021

Job growth in the U.S. slowed significantly last month, with non-farm payrolls rising by only 210,000 in November, down from 546,000 in October. This was less than half of the 550,000 consensus...

Unemployment Rate Discussion

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