Forex Fundamentals
Canada Employment Change

Canada Employment Change 3 November 2023

Canada Employment Change 3 November 2023: 17.5K for October 2023, below the 22.5K forecast and down from 63.8K in September 2023. It is the lowest reading since July 2023. 3 of the last 12 releases came in below the forecast. It was released on Fri 3 Nov 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
17.5K
October 2023
Forecast
22.5K
The market consensus
Previous
63.8K
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 3 November 2023: 17.5K for October 2023 against a 22.5K forecast, with the last 12 releases
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Cite this release

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

Canada Employment Change 3 November 2023: 17.5K vs 22.5K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2023-11-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 Nov 2023Oct17.5K22.5K63.8K
6 Oct 2023Sep63.8K20K39.9K
8 Sep 2023Aug39.9K15K-6.4K
4 Aug 2023Jul-6.4K21.1K59.9K
7 Jul 2023Jun59.9K20K-17.3K
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
The release before:Canada Employment Change 6 October 2023The release after:Canada Employment Change 1 December 2023Canada Employment Change: every recent resultThis week’s economic calendar