Understanding the indicator
Canadian Employment Change
Canadian Employment Change measures the monthly change in employment in Canada.
The report is released monthly and usually sets the tone for the CAD jobs-data reaction.
Red bars mean actual was less than forecast. Greenish bars mean actual was greater than forecast. A white dot marks the forecast. A bluish revision dot marks an upward revision, and a red revision dot marks a downward revision.
Surprise is actual minus forecast. A release above forecast can support CAD. A shortfall can pressure CAD. Revisions show changes to earlier employment estimates.