Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 2 December 2022

Canada Unemployment Rate 2 December 2022: 5.1% for November 2022, below the 5.3% forecast and down from 5.2% in October 2022. It is the lowest reading since July 2022. It is the third release in a row below the forecast. It was released on Fri 2 Dec 2022 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
5.1%
November 2022
Forecast
5.3%
The market consensus
Previous
5.2%
As the source gives it

What a print like this usually does

Below the forecast: An unexpected fall would usually support the Canadian dollar, especially if it comes with solid hiring and stable participation.

Canada Unemployment Rate 2 December 2022: 5.1% for November 2022 against a 5.3% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Canada Unemployment Rate 2 December 2022: 5.1% vs 5.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2022-12-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Dec 2022Nov5.1%5.3%5.2%
4 Nov 2022Oct5.2%5.3%5.2%
7 Oct 2022Sep5.2%5.4%5.4%
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%
The release before:Canada Unemployment Rate 4 November 2022The release after:Canada Unemployment Rate 6 January 2023Canada Unemployment Rate: every recent resultThis week’s economic calendar