Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 8 September 2023

Canada Unemployment Rate 8 September 2023: 5.5% for August 2023, below the 5.6% forecast and unchanged from 5.5% in July 2023. 9 of the last 12 releases came in below the forecast. It was released on Fri 8 Sep 2023 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
5.5%
August 2023
Forecast
5.6%
The market consensus
Previous
5.5%
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 8 September 2023: 5.5% for August 2023 against a 5.6% 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 8 September 2023: 5.5% vs 5.6% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2023-09-08

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
8 Sep 2023Aug5.5%5.6%5.5%
4 Aug 2023Jul5.5%5.5%5.4%
7 Jul 2023Jun5.4%5.3%5.2%
9 Jun 2023May5.2%5.1%5%
5 May 2023Apr5%5.1%5%
6 Apr 2023Mar5%5.1%5%
10 Mar 2023Feb5%5.1%5%
10 Feb 2023Jan5%5.1%5%
6 Jan 2023Dec5%5.2%5.1%
2 Dec 2022Nov5.1%5.3%5.2%
4 Nov 2022Oct5.2%5.3%5.2%
7 Oct 2022Sep5.2%5.4%5.4%
The release before:Canada Unemployment Rate 4 August 2023The release after:Canada Unemployment Rate 6 October 2023Canada Unemployment Rate: every recent resultThis week’s economic calendar