Canada Unemployment Rate Falls to 6.5%, Beats Consensus 6.6

Canada’s unemployment rate for June 2026 registered at 6.5%, slightly below the market consensus of 6.6%. The figure eased from May’s 6.6%, marking a 0.1‑percentage‑point decline that indicated a modest improvement in labor market conditions. This reading continued a stable trend near the 6%–7% range observed through the first half of 2026. Job gains in full‑time employment and services sectors helped offset minor losses in manufacturing and construction. Compared with the 12‑month average of roughly 6.3%, June’s rate remained elevated, reflecting lingering slack as the economy adjusts to earlier interest‑rate increases. Investors will monitor the Bank of Canada’s upcoming policy statement and July labor force survey for further signals on employment momentum. Updated 7/10/26

THE MARKET

FORECAST ENGINE

7 models · 1,456 instruments · 6 timeframes

EXPECTED MOVES

7-Day Range · July 19, 2026LIVE

AAPL Up · 2H301.58–403.77

BTC/USD Sideways · 2H61525.80–68294.43

EUR/USD Down · 2H1.1321–1.1496

XAU/USD Sideways · 2H4086.16–4111.44

Start Free →View Track Record

Market Forecasts

1,456+

instruments tracked

1M+

forecasts scored

7

ensemble models

5

asset classes

Economic Data

4,151

economic indicators

127

countries covered

6

data sources

FRED · BLS · EIA · ECB · BOJ · FMP

Today's Biggest Expected Moves

Sigmacast 7-day expected-move ranges, widest first · magnitude & recent character (not a direction call)

7-DAY RANGELIVEJul 12, 2026 – Jul 19, 2026

Last updated: Jul 12, 2026 06:06 AM UTCView All 1,456 →

315.33expected move ±16.2%

Expected Move (7-Day)

In-range ~60% (backtest)

BTC/USD Sideways · 2H

63999.15expected move ±5.3%

Expected Move (7-Day)

61525.8068294.43

In-range ~60% (backtest)

EUR/USD Down · 2H

1.1417expected move ±0.8%

Expected Move (7-Day)

In-range ~60% (backtest)

XAU/USD Sideways · 2H

4111.53expected move ±0.3%

Expected Move (7-Day)