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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 not working, yet actively seeking employment.

A reading that is higher than forecast is generally negative (bearish) for the CAD, while a lower than forecast reading is generally supportive (bullish) for the CAD.
Importance:
Country:
Currency: CAD
Source: Statistics Canada
Canada Unemployment Rate
 
Release Date Time Actual Forecast Previous
Sep 07, 2018 (Aug) 18:00   5.9% 5.8%
Aug 10, 2018 (Jul) 18:00 5.8% 5.9% 6.0%
Jul 06, 2018 (Jun) 18:00 6.0% 5.8% 5.8%
Jun 08, 2018 (May) 18:00 5.8% 5.8% 5.8%
May 11, 2018 (Apr) 18:00 5.8% 5.8% 5.8%
Apr 06, 2018 (Mar) 18:00 5.8% 5.8% 5.8%

News

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...

Economic Calendar - Top 5 Things to Watch This Week
Economic Calendar - Top 5 Things to Watch This Week By Investing.com - Feb 04, 2018

Investing.com - Global financial markets will focus on this week's Bank of England policy meeting, for further details on when the central bank plans to raise rates again. Staying on the central bank...

Forex - Dollar Index Trims Gains After NFP Miss
Forex - Dollar Index Trims Gains After NFP Miss By Investing.com - Jan 05, 2018

Investing.com - The dollar trimmed gains against other major currencies on Friday, after data showed that the U.S. economy added less jobs than expected last month, dampening optimism over the U.S....

Analysis

Kathy Lien
Are Currencies At The Cusp Of A Turn?   By Kathy Lien - Jul 10, 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....

Kathy Lien
BoC Preview: What To Expect From USD/CAD By Kathy Lien - Apr 18, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar traded higher against all of the major currencies Tuesday as stronger U.S. data, a gap higher in the Dow Jones...

Unemployment Rate Discussion

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