Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 5 February 2016

Canada Unemployment Rate 5 February 2016: 7.2% for January 2016, above the 7.1% forecast and up from 7.1% in December 2015. It is the highest of the last 12 releases. 5 of the last 12 releases came in above the forecast. It was released on Fri 5 Feb 2016 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
7.2%
January 2016
Forecast
7.1%
The market consensus
Previous
7.1%
As the source gives it

What a print like this usually does

Above the forecast: An unexpected rise would usually weigh on the Canadian dollar by pointing to more labour-market slack and a potentially easier Bank of Canada path.

Canada Unemployment Rate 5 February 2016: 7.2% for January 2016 against a 7.1% forecast, with the last 12 releases
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Cite this release

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

Canada Unemployment Rate 5 February 2016: 7.2% vs 7.1% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2016-02-05

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
5 Feb 2016Jan7.2%7.1%7.1%
8 Jan 2016Dec7.1%7.1%7.1%
4 Dec 2015Nov7.1%7%7.0%
6 Nov 2015Oct7.0%7.1%7.1%
9 Oct 2015Sep7.1%6.9%7%
4 Sep 2015Aug7%6.8%6.8%
7 Aug 2015Jul6.8%6.8%6.8%
10 Jul 2015Jun6.8%6.9%6.8%
5 Jun 2015May6.8%6.8%6.8%
8 May 2015Apr6.8%6.9%6.8%
10 Apr 2015Mar6.8%6.8%6.8%
13 Mar 2015Feb6.8%6.7%6.6%
The release before:Canada Unemployment Rate 8 January 2016The release after:Canada Unemployment Rate 11 March 2016Canada Unemployment Rate: every recent resultThis week’s economic calendar