Challenges
Participation Rate
Most recent - Friday 5 May 2023 12:30
Next event - Friday 9 June 2023 12:30
The typical/expected impact on CAD pairs is medium.
The consensus forecast for Participation Rate is 65.6%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Trading range
Forecast history
The most recent announced value for Participation Rate was 65.6% against a forecast of 65.6%.
Past events
Economic context
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
| Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
| Current Account | Bullish change | -8.05B | -6.17B |
About Participation Rate
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |