Challenges
Net Change in Employment
Most recent - Friday 7 February 2025 13:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Friday 7 March 2025 13:30
The typical/expected impact on CAD pairs is high.
There is no forecast value for Net Change in Employment yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Net Change in Employment was 76K against a forecast of 25K.
Past events
Economic context
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bullish change | -0.2% | 0.2% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.6% | ||
| Gross Domestic Product Annualized | Bullish change | 2.2% | 2.6% | ||
| Current Account | Bearish change | -3.62B | -4.99B | ||
| Retail Sales (MoM) | Bullish change | 0.2% | 2.5% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 2.7% | ||
| BoC Consumer Price Index Core (MoM) | Bullish change | -0.3% | 0.4% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 1.8% | 2.1% | ||
| Consumer Price Index (MoM) | Bullish change | -0.4% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | 1.8% | 1.9% |
About Net Change in Employment
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |