Canada Employment Change 5 February 2021
Canada Employment Change 5 February 2021: -212.8K for January 2021, below the -47.5K forecast and against -52.7K in December 2020 (first reported as -62.6K). It is the lowest reading since April 2020. It is the second release in a row below the forecast. It was released on Fri 5 Feb 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 5 February 2021: -212.8K vs -47.5K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2021-02-05