Challenges
Unemployment Rate
Most recent - Friday 5 April 2024 12:30
Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
Next event - Friday 3 May 2024 12:30
The typical/expected impact on CAD pairs is high.
There is no forecast value for Unemployment Rate yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Unemployment Rate was 6.1% against a forecast of 5.9%.
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 Unemployment Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bullish change | -0.3% | -0.1% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 0.4% | -0.3% | ||
| BoC Consumer Price Index Core (MoM) | Bullish change | 0.1% | 0.5% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.1% | 2% | ||
| Consumer Price Index (MoM) | Bullish change | 0.3% | 0.6% | ||
| Consumer Price Index (YoY) | Bullish change | 2.8% | 2.9% |
About Unemployment Rate
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |