Forex Fundamentals
Canada Employment Change

Canada Employment Change 8 November 2024

Canada Employment Change 8 November 2024: 14.5K for October 2024, below the 25K forecast and down from 46.7K in September 2024. It is the lowest reading since July 2024. 6 of the last 12 releases came in below the forecast. It was released on Fri 8 Nov 2024 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.

Actual
14.5K
October 2024
Forecast
25K
The market consensus
Previous
46.7K
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 8 November 2024: 14.5K for October 2024 against a 25K forecast, with the last 12 releases
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Canada Employment Change 8 November 2024: 14.5K vs 25K forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-employment/2024-11-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Nov 2024Oct14.5K25K46.7K
11 Oct 2024Sep46.7K27K22.1K
6 Sep 2024Aug22.1K25K-2.8K
9 Aug 2024Jul-2.8K22.5K-1.4K
5 Jul 2024Jun-1.4K22.5K26.7K
7 Jun 2024May26.7K22.5K90.4K
10 May 2024Apr90.4K18K-2.2K
5 Apr 2024Mar-2.2K25K40.7K
8 Mar 2024Feb40.7K20K37.3K
9 Feb 2024Jan37.3K15K12.3K
5 Jan 2024Dec0.1K13.5K24.9K
1 Dec 2023Nov24.9K15K17.5K
The release before:Canada Employment Change 11 October 2024The release after:Canada Employment Change 6 December 2024Canada Employment Change: every recent resultThis week’s economic calendar