Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is high.
The consensus forecast for Net Change in Employment is 15K. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Net Change in Employment was -83.9K against a forecast of 10K.
Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bullish change | 56.3 | 56.5 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.6 | 49.7 | ||
| S&P Global Manufacturing PMI | Bearish change | 51 | 50 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |