Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 5 April 2024

Canada Unemployment Rate 5 April 2024: 6.1% for March 2024, above the 5.9% forecast and up from 5.8% in February 2024. It is the highest of the last 12 releases. 4 of the last 12 releases came in above the forecast. It was released on Fri 5 Apr 2024 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
6.1%
March 2024
Forecast
5.9%
The market consensus
Previous
5.8%
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 5 April 2024: 6.1% for March 2024 against a 5.9% 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 5 April 2024: 6.1% vs 5.9% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2024-04-05

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
5 Apr 2024Mar6.1%5.9%5.8%
8 Mar 2024Feb5.8%5.8%5.7%
9 Feb 2024Jan5.7%5.9%5.8%
5 Jan 2024Dec5.8%5.9%5.8%
1 Dec 2023Nov5.8%5.8%5.7%
3 Nov 2023Oct5.7%5.6%5.5%
6 Oct 2023Sep5.5%5.6%5.5%
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%
The release before:Canada Unemployment Rate 8 March 2024The release after:Canada Unemployment Rate 10 May 2024Canada Unemployment Rate: every recent resultThis week’s economic calendar