Canada Unemployment Rate

Canada Unemployment Rate 7 August 2026

Canada Unemployment Rate 7 August 2026: 6.4% for July 2026, below the 6.5% forecast and down from 6.5% in June 2026. It is the lowest of the last 12 releases. It is the third release in a row below the forecast. It was released on Fri 7 Aug 2026 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
6.4%
July 2026
Forecast
6.5%
The market consensus
Previous
6.5%
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 7 August 2026: 6.4% for July 2026 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 7 August 2026: 6.4% vs 6.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-unemployment/2026-08-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Aug 2026Jul6.4%6.5%6.5%
10 Jul 2026Jun6.5%6.6%6.6%
5 Jun 2026May6.6%6.9%6.9%
8 May 2026Apr6.9%6.7%6.7%
10 Apr 2026Mar6.7%6.8%6.7%
13 Mar 2026Feb6.7%6.6%6.5%
6 Feb 2026Jan6.5%6.8%6.8%
7 Nov 2025Oct6.9%7.1%7.1%
10 Oct 2025Sep7.1%7.2%7.1%
5 Sep 2025Aug7.1%7%6.9%
8 Aug 2025Jul6.9%7%6.9%
11 Jul 2025Jun6.9%7.1%7%