Breaking News

Canada Unemployment Rate

Latest Release

Oct 11, 2024

Actual

6.5%

Forecast

6.7%

6.6%

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

Release Date	Time	Actual	Forecast	Previous
Nov 08, 2024 (Oct)	14:30		6.6%	6.5%
Oct 11, 2024 (Sep)	13:30	6.5%	6.7%	6.6%
Sep 06, 2024 (Aug)	13:30	6.6%	6.5%	6.4%
Aug 09, 2024 (Jul)	13:30	6.4%	6.5%	6.4%
Jul 05, 2024 (Jun)	13:30	6.4%	6.3%	6.2%
Jun 07, 2024 (May)	13:30	6.2%	6.2%	6.1%

Analysis

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