Challenges
Net Change in Employment
Most recent - Friday 1 December 2023 13:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Friday 5 January 2024 13:30
The typical/expected impact on CAD pairs is high.
There is no forecast value for Net Change in Employment yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Net Change in Employment was 24.9K against a forecast of 15K.
Past events
Economic context
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Interest Rate Decision | (no change) | 5% | 5% | ||
| Ivey Purchasing Managers Index | Bullish change | 51.9 | 53.2 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 53.4 | 54.7 | ||
| S&P Global Manufacturing PMI | Bearish change | 48.6 | 47.7 | ||
| Average Hourly Wages (YoY) | (no change) | 5% | 5% | ||
| Unemployment Rate | Bearish change | 5.7% | 5.8% | ||
| Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.3% | -0.3% | ||
| Gross Domestic Product Annualized | Bearish change | 1.4% | -1.1% | ||
| Current Account | Bullish change | -7.32B | -3.22B |
About Net Change in Employment
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |