Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 6 May 2016

Canada Unemployment Rate 6 May 2016: 7.1% for April 2016, below the 7.2% forecast and unchanged from 7.1% in March 2016. It is the second release in a row below the forecast. It was released on Fri 6 May 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%
April 2016
Forecast
7.2%
The market consensus
Previous
7.1%
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 6 May 2016: 7.1% for April 2016 against a 7.2% 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 6 May 2016: 7.1% vs 7.2% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2016-05-06

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
6 May 2016Apr7.1%7.2%7.1%
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%
The release before:Canada Unemployment Rate 8 April 2016The release after:Canada Unemployment Rate 10 June 2016Canada Unemployment Rate: every recent resultThis week’s economic calendar