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Canada Unemployment Rate
Add to Calendar
Latest Release
Sep 10, 2021
Actual7.1%
Forecast7.3%
Previous7.5%
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.
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Oct 08, 2021 (Sep) | 08:30 | 7.3% | 7.1% | ||
| Sep 10, 2021 (Aug) | 08:30 | 7.1% | 7.3% | 7.5% | |
| Aug 06, 2021 (Jul) | 08:30 | 7.5% | 7.4% | 7.8% | |
| Jul 09, 2021 (Jun) | 08:30 | 7.8% | 7.7% | 8.2% | |
| Jun 04, 2021 (May) | 08:30 | 8.2% | 8.2% | 8.1% | |
| May 07, 2021 (Apr) | 08:30 | 8.1% | 7.8% | 7.5% |
News
Canada Adds 55,900 Jobs in February
By Investing.com - Mar 08, 2019
Investing.com - The Canadian labor market expanded in February, as the number of people employed unexpectedly rose, increasing the chance that the Bank of Canada will increase rates soon. Data from...
Canada Jobs Data Blow Past Expectations in January
By Investing.com - Feb 08, 2019
1
Investing.com - The Canadian labor market stayed tight in January, with a surge in employment that far surpassed expectations and smoothed the path for further interest rate increases from the Bank...
Canada Adds 9,300 Jobs in December
By Investing.com - Jan 04, 2019
Investing.com - The Canadian economy created 9,300 jobs in December, data from Statistics Canada showed on Friday. Economists had forecast a gain of 6,800 jobs. The unemployment rate fell to 5.6%,...
Analysis
U.S. Dollar Rally Fizzles As Non-Farm Payrolls Disappointment
By Kathy Lien - Jun 04, 2021
The U.S. jobs report was a major disappointment and the U.S. dollar fell sharply against all of the major currencies in response as 10-year Treasury yields slipped nearly 4%. It turns out, the decline...
Ugly Jobs Report Sends U.S. Dollar Lower And Stocks Higher!
By Kathy Lien - May 07, 2021
Economists and investors could not have been more wrong about today’s U.S. jobs report. The U.S. dollar traded sharply lower against all of the major currencies on the back of what can only be...
Biden Inauguration And Bank of Canada: The Odds of A Micro Cut
By Kathy Lien - Jan 19, 2021
It’s a big week for the financial markets. The Congressional hearings for Janet Yellen’s confirmation as Treasury secretary began today. (There’s no guidance on how fast the panel will vote on her...
Unemployment Rate Discussion
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