Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 8 February 2019

Canada Unemployment Rate 8 February 2019: 5.8% for January 2019, above the 5.7% forecast and up from 5.6% in December 2018. It is the highest reading since October 2018. 3 of the last 12 releases came in above the forecast. It was released on Fri 8 Feb 2019 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
5.8%
January 2019
Forecast
5.7%
The market consensus
Previous
5.6%
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 8 February 2019: 5.8% for January 2019 against a 5.7% 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 8 February 2019: 5.8% vs 5.7% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2019-02-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Feb 2019Jan5.8%5.7%5.6%
4 Jan 2019Dec5.6%5.7%5.6%
7 Dec 2018Nov5.6%5.8%5.8%
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%
The release before:Canada Unemployment Rate 4 January 2019The release after:Canada Unemployment Rate 8 March 2019Canada Unemployment Rate: every recent resultThis week’s economic calendar