Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 8 April 2016

Canada Unemployment Rate 8 April 2016: 7.1% for March 2016, below the 7.3% forecast and down from 7.3% in February 2016. It is the lowest reading since December 2015. 4 of the last 12 releases came in below the forecast. It was released on Fri 8 Apr 2016 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
7.1%
March 2016
Forecast
7.3%
The market consensus
Previous
7.3%
As the source gives it

What a print like this usually does

Below the forecast: An unexpected fall would usually support the Canadian dollar, especially if it comes with solid hiring and stable participation.

Canada Unemployment Rate 8 April 2016: 7.1% for March 2016 against a 7.3% 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 Unemployment Rate 8 April 2016: 7.1% vs 7.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2016-04-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Apr 2016Mar7.1%7.3%7.3%
11 Mar 2016Feb7.3%7.2%7.2%
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%
The release before:Canada Unemployment Rate 11 March 2016The release after:Canada Unemployment Rate 6 May 2016Canada Unemployment Rate: every recent resultThis week’s economic calendar