Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 9 September 2016

Canada Unemployment Rate 9 September 2016: 7% for August 2016, above the 6.9% forecast and up from 6.9% in July 2016. It is the highest reading since April 2016. 5 of the last 12 releases came in above the forecast. It was released on Fri 9 Sep 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%
August 2016
Forecast
6.9%
The market consensus
Previous
6.9%
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 9 September 2016: 7% for August 2016 against a 6.9% 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 9 September 2016: 7% vs 6.9% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2016-09-09

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
9 Sep 2016Aug7%6.9%6.9%
5 Aug 2016Jul6.9%6.9%6.8%
8 Jul 2016Jun6.8%7%6.9%
10 Jun 2016May6.9%7.1%7.1%
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%
The release before:Canada Unemployment Rate 5 August 2016The release after:Canada Unemployment Rate 7 October 2016Canada Unemployment Rate: every recent resultThis week’s economic calendar