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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
Aug 10, 2018
Actual
5.8%
Forecast
5.9%
Previous
6.0%
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
Sep 07, 2018 (Aug) 08:30   5.9% 5.8%
Aug 10, 2018 (Jul) 08:30 5.8% 5.9% 6.0%
Jul 06, 2018 (Jun) 08:30 6.0% 5.8% 5.8%
Jun 08, 2018 (May) 08:30 5.8% 5.8% 5.8%
May 11, 2018 (Apr) 08:30 5.8% 5.8% 5.8%
Apr 06, 2018 (Mar) 08:30 5.8% 5.8% 5.8%

News

Canada Adds 54,100 Jobs in July
Canada Adds 54,100 Jobs in July By Investing.com - Aug 10, 2018

Investing.com - The Canadian economy created 54,100 jobs in July, data from Statistics Canada showed on Friday. Economists had forecast an increased of 17,500 jobs. The unemployment rate fell to...

Economic Calendar - Top 5 Things To Watch This Week
Economic Calendar - Top 5 Things To Watch This Week By Investing.com - Jul 08, 2018

Investing.com - Rhetoric rather than economics could be the main driver of sentiment in the week ahead, as investors watch further developments amid a brewing trade war between the U.S. and its major...

Canada Adds 31,800 of Jobs in June
Canada Adds 31,800 of Jobs in June By Investing.com - Jul 06, 2018

Investing.com - The Canadian economy created 31,800 of jobs in June, data from Statistics Canada showed on Friday. Economists had forecast a gain of 24,000 jobs. The unemployment rate rose to 6.0%,...

Analysis

Kathy Lien
Are Currencies At The Cusp Of A Turn?   By Kathy Lien - Jul 09, 2018

The US dollar traded lower against all of the major currencies in the first few days of the third quarter. While it may be tempting to call this a peak, it is too early for all the bulls to retreat....

Unemployment Rate Discussion

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