Canada Unemployment Rate

Canada Unemployment Rate 3 November 2017

Canada Unemployment Rate 3 November 2017: 6.3% for October 2017, above the 6.2% forecast and up from 6.2% in September 2017. It is the highest reading since July 2017. 2 of the last 12 releases came in above the forecast. It was released on Fri 3 Nov 2017 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
6.3%
October 2017
Forecast
6.2%
The market consensus
Previous
6.2%
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 3 November 2017: 6.3% for October 2017 against a 6.2% 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 3 November 2017: 6.3% vs 6.2% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2017-11-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 Nov 2017Oct6.3%6.2%6.2%
6 Oct 2017Sep6.2%6.3%6.2%
8 Sep 2017Aug6.2%6.3%6.3%
4 Aug 2017Jul6.3%6.5%6.5%
7 Jul 2017Jun6.5%6.6%6.6%
9 Jun 2017May6.6%6.6%6.5%
5 May 2017Apr6.5%6.7%6.7%
7 Apr 2017Mar6.7%6.7%6.6%
10 Mar 2017Feb6.6%6.8%6.8%
10 Feb 2017Jan6.8%6.9%6.9%
6 Jan 2017Dec6.9%5.7%6.8%
2 Dec 2016Nov6.8%7%7%