Canada Unemployment Rate

Canada Unemployment Rate 6 September 2024

Canada Unemployment Rate 6 September 2024: 6.6% for August 2024, above the 6.5% forecast and up from 6.4% in July 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 6 Sep 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
6.6%
August 2024
Forecast
6.5%
The market consensus
Previous
6.4%
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 September 2024: 6.6% for August 2024 against a 6.5% 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 6 September 2024: 6.6% vs 6.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2024-09-06

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
6 Sep 2024Aug6.6%6.5%6.4%
9 Aug 2024Jul6.4%6.5%6.4%
5 Jul 2024Jun6.4%6.3%6.2%
7 Jun 2024May6.2%6.2%6.1%
10 May 2024Apr6.1%6.2%6.1%
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%