Breaking News

Canada Unemployment Rate

Latest Release

Jun 09, 2023

Actual

5.2%

Forecast

5.1%

5.0%

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

Release Date	Time	Actual	Forecast	Previous
Jun 09, 2023 (May)	08:30	5.2%	5.1%	5.0%
May 05, 2023 (Apr)	08:30	5.0%	5.1%	5.0%
Apr 06, 2023 (Mar)	08:30	5.0%	5.1%	5.0%
Mar 10, 2023 (Feb)	09:30	5.0%	5.1%	5.0%
Feb 10, 2023 (Jan)	09:30	5.0%	5.1%	5.0%
Jan 06, 2023 (Dec)	09:30	5.0%	5.2%	5.1%

News

TSX Declines; BMO To Buy AirMiles Program; Canadian Employment Beats Expectations By Investing.com - Mar 10, 2023

By Ketki Saxena Investing.com – The TSX tracked Wall Street lower at midday, with growth stocks under pressure as fears of an aggressive Federal Reserve remained at the forefront. Financials also...

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By Ketki Saxena Investing.com – Statistics Canada reports that Canadian employment smashed expectations once again, adding 150,000 jobs in January - 10 times the 15,000 job additions expected by...

Canadian Econ Weekly Wrap: Tight Labour Market, Low Wage Growth; Province Budgets By Investing.com - Feb 26, 2022

By Ketki Saxena Investing.com -- It was a short week on the TSX and for Canada's economic agencies this week, with a national holiday on Monday for Family Day. U.S. Markets were also closed Monday...

Analysis

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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...

Bank Of Canada Expected To Taper, So Why Is CAD Falling? By Kathy Lien - Oct 26, 2021

Of the three monetary policy announcements this week, the Bank of Canada’s is the most important. Back in April, the Bank of Canada set the ball rolling by becoming the first major central bank to...

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