Forex Fundamentals
Canada Employment Change

Canada Employment Change 9 June 2023

Canada Employment Change 9 June 2023: -17.3K for May 2023, below the 23.2K forecast and down from 41.4K in April 2023. It is the lowest reading since August 2022. 4 of the last 12 releases came in below the forecast. It was released on Fri 9 Jun 2023 at 12:30 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
-17.3K
May 2023
Forecast
23.2K
The market consensus
Previous
41.4K
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 9 June 2023: -17.3K for May 2023 against a 23.2K forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Canada Employment Change 9 June 2023: -17.3K vs 23.2K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2023-06-09

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
9 Jun 2023May-17.3K23.2K41.4K
5 May 2023Apr41.4K20K34.7K
6 Apr 2023Mar34.7K12K21.8K
10 Mar 2023Feb21.8K10K150K
10 Feb 2023Jan150K15K69.2K
6 Jan 2023Dec104K8K10.1K
2 Dec 2022Nov10.1K5K108.3K
4 Nov 2022Oct108.3K10K21.1K
7 Oct 2022Sep21.1K20K-39.7K
9 Sep 2022Aug-39.7K15K-30.6K
5 Aug 2022Jul-30.6K20K-43.2K
8 Jul 2022Jun-43.2K23.5K39.8K
The release before:Canada Employment Change 5 May 2023The release after:Canada Employment Change 7 July 2023Canada Employment Change: every recent resultThis week’s economic calendar