FXGRAM | सिर्फ़ education, advice नहीं
Released · Sep
Actual -68.3K came in below forecast 7K. Previous was -41.7K, now lower than that.
How many new jobs were created. More jobs means people have money to spend. The central bank always watches the job market when setting rates.
All times are shown in your own time zone.
This shows how many new jobs were created in a month (Non-Farm Payrolls in the US, Employment Change elsewhere). Released by Statistics Canada. This comes every month.
Jobs determine people's earnings and spending. The US NFP is one of the most watched news releases of the month. This is a High impact event on FxGram: CAD pairs often see sharp moves at this time.
Generally, if jobs come in above forecast, the economy is considered strong and expectations of rates staying high increase; if lower, talk of rate cuts increases.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep | -68.3K | 7K | -41.7K |
| Aug | -41.7K | 15K | 75.1K |
| Jul | 75.1K | 15K | 18.2K |
| Jun | 18.2K | 10K | 87.8K |
| May | 88K | 10K | -17.7K |
| Apr | -17.7K | 15K | 14.1K |
| Mar | 14.1K | 15K | -83.9K |
| Feb | -83.9K | 10K | -24.8K |
| Jan | -24.8K | 7K | 10.1K |
| Dec | 8.2K | -5K | 53.6K |
| Nov | 53.6K | -5K | 66.6K |
| Oct | 66.6K | -2.5K | 60.4K |
| Sep | 60.4K | 5K | -65.5K |
| Aug | -65.5K | 7.5K | -40.8K |
Data: Statistics Canada, via TradingView economic calendar.
See full calendar