Forex Fundamentals
Canada Unemployment Rate

Canada Unemployment Rate 7 February 2025

Canada Unemployment Rate 7 February 2025: 6.6% for January 2025, below the 6.8% forecast and down from 6.7% in December 2024. It is the lowest reading since October 2024. It is the second release in a row below the forecast. It was released on Fri 7 Feb 2025 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
6.6%
January 2025
Forecast
6.8%
The market consensus
Previous
6.7%
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 7 February 2025: 6.6% for January 2025 against a 6.8% 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 7 February 2025: 6.6% vs 6.8% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2025-02-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Feb 2025Jan6.6%6.8%6.7%
10 Jan 2025Dec6.7%6.9%6.8%
6 Dec 2024Nov6.8%6.6%6.5%
8 Nov 2024Oct6.5%6.6%6.5%
11 Oct 2024Sep6.5%6.7%6.6%
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%
The release before:Canada Unemployment Rate 10 January 2025The release after:Canada Unemployment Rate 7 March 2025Canada Unemployment Rate: every recent resultThis week’s economic calendar