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 8.2K against a forecast of -5K.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Consumer Price Index Core (MoM) | Bearish change | -0.1% | -0.4% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.9% | 2.8% | ||
| Consumer Price Index (MoM) | Bearish change | 0.1% | -0.2% | ||
| Consumer Price Index (YoY) | Bullish change | 2.2% | 2.4% | ||
| Average Hourly Wages (YoY) | Bearish change | 4% | 3.7% | ||
| Unemployment Rate | Bearish change | 6.5% | 6.8% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |