CANADA UNEMPLOYMENT RATE HOLDS STEADY AT 5.5% IN SEPTEMBER VS. 5.6% EXPECTED
- Canada Unemployment Rate holds steady at 5.5% in September.
- Employment increases by 63,800, above expectations of 20,000.
- USD/CAD remains hovering around 1.3720, modestly higher for the day.
The Unemployment Rate in Canada held steady at 5.5% in September, Statistics Canada reported on Friday, better than the market consensus of a modest increase to 5.6%. The Net Change in Employment arrived at 63,800 following an increase of 39,900 in August, and above expectations of 20,000
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.