Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 9 September 2022

Canada Unemployment Rate 9 September 2022: 5.4% for August 2022, above the 5% forecast and up from 4.9% in July 2022. It is the highest reading since February 2022. 2 of the last 12 releases came in above the forecast. It was released on Fri 9 Sep 2022 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
5.4%
August 2022
Forecast
5%
The market consensus
Previous
4.9%
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 September 2022: 5.4% for August 2022 against a 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 September 2022: 5.4% vs 5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2022-09-09

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
9 Sep 2022Aug5.4%5%4.9%
5 Aug 2022Jul4.9%5%4.9%
8 Jul 2022Jun4.9%5.1%5.1%
10 Jun 2022May5.1%5.2%5.2%
6 May 2022Apr5.2%5.2%5.3%
8 Apr 2022Mar5.3%5.3%5.5%
11 Mar 2022Feb5.5%6.2%6.5%
4 Feb 2022Jan6.5%6.2%6%
7 Jan 2022Dec5.9%6%6%
3 Dec 2021Nov6%6.6%6.7%
5 Nov 2021Oct6.7%6.8%6.9%
8 Oct 2021Sep6.9%6.9%7.1%
The release before:Canada Unemployment Rate 5 August 2022The release after:Canada Unemployment Rate 7 October 2022Canada Unemployment Rate: every recent resultThis week’s economic calendar