Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Net Change in Employment was 46.7K against a forecast of 27K.
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 | Bearish change | 4.25% | 3.75% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | -0.1% | 0% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.5% | 1.6% | ||
Consumer Price Index (MoM) | Bearish change | -0.2% | -0.4% | ||
Consumer Price Index (YoY) | Bearish change | 2% | 1.6% | ||
Average Hourly Wages (YoY) | Bearish change | 4.9% | 4.5% | ||
Unemployment Rate | Bullish change | 6.6% | 6.5% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |