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 18.2K against a forecast of 10K.
Recent economic data has been moderately 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) | Bearish change | 0.6% | 0.1% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.2% | 2.1% | ||
| Consumer Price Index (MoM) | Bearish change | 1% | -0.4% | ||
| Consumer Price Index (YoY) | Bearish change | 3.2% | 2.8% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% | ||
| Average Hourly Wages (YoY) | Bullish change | 3.2% | 3.7% | ||
| Unemployment Rate | Bullish change | 6.6% | 6.5% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |