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Participation Rate

The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for a job). The data provided by Statistics Canada is monthly and deseasonalized.; this eliminates the impact of seasonal variations and makes it possible to compare data through the year.

Most recent - Friday 5 May 2023 12:30

Previous
65.6%
Revised
-
Forecast
65.6%
Actual
65.6%

Next event - Friday 9 June 2023 12:30

Previous
65.6%
Forecast
65.6%
Actual
-

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

Date
Forecast
Actual
Friday 5 May 2023 12:30
65.6%
65.6%
Thursday 6 April 2023 12:30
65.7%
65.6%
Friday 10 March 2023 13:30
65.3%
65.7%
Friday 10 February 2023 13:30
64.8%
65.7%
Friday 6 January 2023 13:30
64.8%
65%
Friday 2 December 2022 13:30
-
64.8%
Friday 4 November 2022 12:30
64.7%
64.9%
Friday 7 October 2022 12:30
-
64.7%
Friday 9 September 2022 12:30
64.8%
64.8%
Friday 5 August 2022 12:30
65.3%
64.7%
Friday 8 July 2022 12:30
65.3%
64.9%
Friday 10 June 2022 12:30
65.3%
65.3%
Friday 6 May 2022 12:30
65.4%
65.3%
Friday 8 April 2022 12:30
65.4%
65.4%
Friday 11 March 2022 13:30
65.1%
65.4%
Friday 4 February 2022 13:30
65.3%
65%
Friday 7 January 2022 13:30
65.3%
65.3%
Friday 3 December 2021 13:30
65.4%
65.3%
Friday 5 November 2021 12:30
65.3%
65.3%
Friday 8 October 2021 12:30
65.1%
65.5%
Friday 10 September 2021 12:30
65.2%
65.1%
Friday 6 August 2021 12:30
64.9%
65.2%
Friday 9 July 2021 12:30
-
65.2%
Friday 4 June 2021 12:30
-
64.6%
Friday 7 May 2021 12:30
64.9%
64.9%
Friday 9 April 2021 12:30
-
65.2%
Friday 12 March 2021 13:30
64.8%
64.7%
Friday 5 February 2021 13:30
64.9%
64.7%
Friday 8 January 2021 13:30
-
64.9%
Friday 4 December 2020 13:30
65.2%
65.1%
Friday 6 November 2020 13:30
65%
65.2%
Friday 9 October 2020 12:30
64.8%
65%
Friday 4 September 2020 12:30
64.6%
64.6%
Friday 7 August 2020 12:30
64.4%
64.3%
Friday 10 July 2020 12:30
-
63.8%
Friday 5 June 2020 12:30
-
61.4%

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:

PreviousLatest
S&P Global Manufacturing PMIBearish change50.249
Gross Domestic Product (MoM)Bearish change0.1%0%
Gross Domestic Product (QoQ)Bullish change0%0.8%
Gross Domestic Product AnnualizedBullish change-0.1%3.1%
Current AccountBullish change-8.05B-6.17B

About Participation Rate

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Labor Market
Frequency:Monthly
 
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