Canada Employment Change 8 January 2021
Canada Employment Change 8 January 2021: -62.6K for December 2020, below the -27.5K forecast and against 62.1K in November 2020 (first reported as 62K). It is the lowest reading since April 2020. 4 of the last 12 releases came in below the forecast. It was released on Fri 8 Jan 2021 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.
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.
Cite this release
If you cite this release, please link to this page:
Canada Employment Change 8 January 2021: -62.6K vs -27.5K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2021-01-08