Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Net Change in Employment was -17.7K against a forecast of 15K.
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) | (no change) | 0.2% | 0.2% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.5% | 2.1% | ||
| Consumer Price Index (MoM) | Bearish change | 0.9% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 2.4% | 2.8% | ||
| Average Hourly Wages (YoY) | Bearish change | 5.1% | 4.8% | ||
| Unemployment Rate | Bearish change | 6.7% | 6.9% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |