Canada Employment Change 5 July 2024
Canada Employment Change 5 July 2024: -1.4K for June 2024, below the 22.5K forecast and down from 26.7K in May 2024. It is the lowest reading since March 2024. 5 of the last 12 releases came in below the forecast. It was released on Fri 5 Jul 2024 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.
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 July 2024: -1.4K vs 22.5K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2024-07-05