Canada Unemployment Rate

Canada Unemployment Rate 9 August 2019

Canada Unemployment Rate 9 August 2019: 5.7% for July 2019, above the 5.5% forecast and up from 5.5% in June 2019. It is the highest reading since April 2019. 3 of the last 12 releases came in above the forecast. It was released on Fri 9 Aug 2019 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
5.7%
July 2019
Forecast
5.5%
The market consensus
Previous
5.5%
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 August 2019: 5.7% for July 2019 against a 5.5% 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 August 2019: 5.7% vs 5.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2019-08-09

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
9 Aug 2019Jul5.7%5.5%5.5%
5 Jul 2019Jun5.5%5.5%5.4%
7 Jun 2019May5.4%5.7%5.7%
10 May 2019Apr5.7%5.8%5.8%
5 Apr 2019Mar5.8%5.8%5.8%
8 Mar 2019Feb5.8%5.8%5.8%
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%