New data Unemployment Rate (Dec)
1/10/2025
actual 6.7, previous 6.8
On January 10, 2025, at 13:30 GMT, Canada released its Unemployment Rate for December. The actual unemployment rate was 6.7%, which was lower than the market expectation of 6.9% and a decrease from the previous rate of 6.8%. This event had a high impact on the Canadian economy and the CAD currency. The decrease in the unemployment rate by 0.1% (or -1.471% change percentage) could be seen as a positive sign for the labor market, indicating potential economic growth and increased consumer confidence.This is not investment advice. Remember to verify the information provided here.
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