Canada Unemployment Rate

Canada Unemployment Rate 9 February 2018

Canada Unemployment Rate 9 February 2018: 5.9% for January 2018, above the 5.8% forecast and against 5.8% in December 2017 (first reported as 5.7%). 2 of the last 12 releases came in above the forecast. It was released on Fri 9 Feb 2018 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
5.9%
January 2018
Forecast
5.8%
The market consensus
Previous
5.8%
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 February 2018: 5.9% for January 2018 against a 5.8% 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 February 2018: 5.9% vs 5.8% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2018-02-09

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
9 Feb 2018Jan5.9%5.8%5.8%
5 Jan 2018Dec5.7%6%5.9%
1 Dec 2017Nov5.9%6.2%6.3%
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%