Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 2 November 2018

Canada Unemployment Rate 2 November 2018: 5.8% for October 2018, below the 5.9% forecast and down from 5.9% in September 2018. It is the lowest reading since July 2018. 5 of the last 12 releases came in below the forecast. It was released on Fri 2 Nov 2018 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
5.8%
October 2018
Forecast
5.9%
The market consensus
Previous
5.9%
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 2 November 2018: 5.8% for October 2018 against a 5.9% 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 2 November 2018: 5.8% vs 5.9% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2018-11-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Nov 2018Oct5.8%5.9%5.9%
5 Oct 2018Sep5.9%5.9%6%
7 Sep 2018Aug6%5.9%5.8%
10 Aug 2018Jul5.8%5.9%6%
6 Jul 2018Jun6%5.8%5.8%
8 Jun 2018May5.8%5.8%5.8%
11 May 2018Apr5.8%5.8%5.8%
6 Apr 2018Mar5.8%5.8%5.8%
9 Mar 2018Feb5.8%5.9%5.9%
9 Feb 2018Jan5.9%5.8%5.8%
5 Jan 2018Dec5.7%6%5.9%
1 Dec 2017Nov5.9%6.2%6.3%
The release before:Canada Unemployment Rate 5 October 2018The release after:Canada Unemployment Rate 7 December 2018Canada Unemployment Rate: every recent resultThis week’s economic calendar