Employment Insurance Beneficiaries Change (MoM)

The Employment Insurance Beneficiaries Change, released by Statistics Canada, reports the number of people receiving unemployment benefits in Canada. A smaller number than expectations (or a decrease in the number of beneficiaries) might be bullish for the CAD, while a bigger number than expected (or an increase in the number of beneficiaries) should be bearish for the Canadian dollar.

Next event - Thursday 21 November 2024 13:30

Previous
1.5%
Actual
-

The typical/expected market impact of this event is low.

Most recent - Thursday 24 October 2024 12:30

Previous
2.2%
Revised
-
Actual
1.5%

Trading range

Announcement history

The most recent announced value for Employment Insurance Beneficiaries Change (MoM) was 1.5%.

Past events

Date
Actual
Thursday 24 October 2024 12:30
1.5%
Thursday 19 September 2024 12:30
2.2%
Thursday 22 August 2024 12:30
1.3%
Thursday 18 July 2024 12:30
1.9%
Thursday 20 June 2024 12:30
-2.8%
Thursday 23 May 2024 12:30
0.1%
Thursday 18 April 2024 12:30
0%
Thursday 21 March 2024 12:30
0.3%
Thursday 22 February 2024 13:30
1.4%
Friday 19 January 2024 13:30
1.7%
Wednesday 20 December 2023 13:30
0.7%
Thursday 16 November 2023 13:30
-0.9%
Thursday 19 October 2023 12:30
2.1%
Thursday 21 September 2023 12:30
6%
Thursday 17 August 2023 12:30
1.8%
Thursday 20 July 2023 12:30
2.5%
Thursday 22 June 2023 12:30
-0.5%
Thursday 18 May 2023 12:30
-0.6%
Thursday 20 April 2023 12:30
3%
Thursday 23 March 2023 12:30
-5%
Thursday 16 February 2023 13:30
-2%
Friday 20 January 2023 13:30
-5.4%
Thursday 15 December 2022 13:30
-3.2%
Thursday 17 November 2022 13:30
-5.6%
Thursday 20 October 2022 12:30
-4.1%
Thursday 22 September 2022 12:30
2.9%
Thursday 18 August 2022 12:30
-1.4%
Thursday 21 July 2022 12:30
0.3%
Thursday 23 June 2022 12:30
-3.8%
Thursday 19 May 2022 12:30
-7.2%
Thursday 21 April 2022 12:30
-10.8%
Thursday 24 March 2022 12:30
-0.4%
Thursday 17 February 2022 13:30
-8.1%
Thursday 20 January 2022 13:30
-6.7%
Thursday 16 December 2021 13:48
-42.1%

Economic context

Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Employment Insurance Beneficiaries Change (MoM) result:

PreviousLatest
BoC Consumer Price Index Core (MoM)Bullish change0%0.4%
BoC Consumer Price Index Core (YoY)Bullish change1.6%1.7%
Consumer Price Index (MoM)Bullish change-0.4%0.4%
Consumer Price Index (YoY)Bullish change1.6%2%
Average Hourly Wages (YoY)Bullish change4.5%4.9%
Net Change in EmploymentBearish change46.7K14.5K
Unemployment Rate(no change)6.5%6.5%

About Employment Insurance Beneficiaries Change (MoM)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Labor Market
Frequency:Monthly
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