Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 6 August 2021

Canada Unemployment Rate 6 August 2021: 7.5% for July 2021, above the 7.4% forecast and down from 7.8% in June 2021. It is the lowest reading since March 2021. It is the second release in a row above the forecast. It was released on Fri 6 Aug 2021 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
7.5%
July 2021
Forecast
7.4%
The market consensus
Previous
7.8%
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 6 August 2021: 7.5% for July 2021 against a 7.4% 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 6 August 2021: 7.5% vs 7.4% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2021-08-06

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
6 Aug 2021Jul7.5%7.4%7.8%
9 Jul 2021Jun7.8%7.7%8.2%
4 Jun 2021May8.2%8.2%8.1%
7 May 2021Apr8.1%7.8%7.5%
9 Apr 2021Mar7.5%8%8.2%
12 Mar 2021Feb8.2%9.2%9.4%
5 Feb 2021Jan9.4%8.9%8.8%
8 Jan 2021Dec8.6%8.6%8.5%
4 Dec 2020Nov8.5%8.9%8.9%
6 Nov 2020Oct8.9%8.8%9%
9 Oct 2020Sep9%9.7%10.2%
4 Sep 2020Aug10.2%10.1%10.9%
The release before:Canada Unemployment Rate 9 July 2021The release after:Canada Unemployment Rate 10 September 2021Canada Unemployment Rate: every recent resultThis week’s economic calendar