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.
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.

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