Forex Fundamentals
Canada Employment Change

Canada Employment Change 6 November 2020

Canada Employment Change 6 November 2020: 83.6K for October 2020, below the 100K forecast and down from 378.2K in September 2020. It is the lowest reading since April 2020. 4 of the last 12 releases came in below the forecast. It was released on Fri 6 Nov 2020 at 13:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
83.6K
October 2020
Forecast
100K
The market consensus
Previous
378.2K
As the source gives it

What a print like this usually does

Below the forecast: A miss or outright job losses would usually weigh on the Canadian dollar by pointing to a softer labour market and greater scope for rate cuts.

Canada Employment Change 6 November 2020: 83.6K for October 2020 against a 100K forecast, with the last 12 releases
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Canada Employment Change 6 November 2020: 83.6K vs 100K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2020-11-06

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
6 Nov 2020Oct83.6K100K378.2K
9 Oct 2020Sep378.2K156.6K245.8K
4 Sep 2020Aug245.8K275K418.5K
7 Aug 2020Jul418.5K400K952.9K
10 Jul 2020Jun952.9K700K289.6K
5 Jun 2020May289.6K-500K-1993.8K
8 May 2020Apr-1993.8K-4000K-1010.7K
9 Apr 2020Mar-1010.7K-350K30.3K
6 Mar 2020Feb30.3K10K34.5K
7 Feb 2020Jan34.5K15K27.3K
10 Jan 2020Dec35.2K25K-71.2K
6 Dec 2019Nov-71.2K10K-1.8K
The release before:Canada Employment Change 9 October 2020The release after:Canada Employment Change 4 December 2020Canada Employment Change: every recent resultThis week’s economic calendar