Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Net Change in Employment yet - check back for updates.
The most recent announced value for Net Change in Employment was 50.5K against a forecast of 25K.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bearish change | 52.2 | 49.7 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 52 | 52.3 | ||
Average Hourly Wages (YoY) | Bearish change | 4.9% | 3.9% | ||
Unemployment Rate | Bearish change | 6.5% | 6.8% | ||
S&P Global Manufacturing PMI | Bullish change | 51.1 | 52 | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.3% | ||
Gross Domestic Product Annualized | Bearish change | 2.2% | 1% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
Current Account | Bullish change | -4.7B | -3.23B |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |