High importanceCACAD · Labour · 6 Nov 2026 · 08:30 ET · in 20 d 1 h

Canada unemployment rate (Oct)

Fri 6 November · 08:30 ET · in 20 d 1 h. Share of the labour force without work but seeking it.

Forecast
No forecast
Previous
6.5%
Actual
Due 08:30 ET

Below 6.35%In line 6.35% to 6.65%Above 6.65%

▏Forecast —○ Previous 6.5%

The levelsMeasured from its last 12 prints

BelowBelow 6.35%CAD up
USD/CAD down CAD/JPY up
In line6.35% to 6.65%Limited follow-through
AboveAbove 6.65%CAD down
USD/CAD up CAD/JPY down

In line is the forecast ± how far this series usually lands from it (median miss 0.15%). Above or below that is a genuine surprise. CAD up or down is the playbook’s mapping for this release; the pairs show how each quote moves when CAD does. Arithmetic, not a forecast.

Its own historyLast 12 prints vs the forecast before each: 3 above · 2 in line · 7 below

6.24%6.48%6.72%6.97%7.21%Nov ’25Jan ’26Mar ’26May ’26Jul ’26Sep ’26Oct (next)

— Forecast before the print● Actual▮ Next release: in-line range

Release history

ReleasedPeriodForecastActualPosition
9 Oct 2026Sep6.5%6.5%In line with forecast
4 Sep 2026Aug6.4%6.4%In line with forecast
7 Aug 2026Jul6.5%6.4%Below forecast
10 Jul 2026Jun6.6%6.5%Below forecast
5 Jun 2026May6.9%6.6%Below forecast
8 May 2026Apr6.7%6.9%Above forecast
10 Apr 2026Mar6.8%6.7%Below forecast
13 Mar 2026Feb6.6%6.7%Above forecast
6 Feb 2026Jan6.8%6.5%Below forecast
9 Jan 2026Dec6.6%6.8%Above forecast
5 Dec 2025Nov7%6.5%Below forecast
7 Nov 2025Oct7.1%6.9%Below forecast

What moved

After it prints: USD/CAD and CAD/JPY from the hour before to the hour after, from 1-hour bars.