The index measures the change in employment rates monthly, The increase in employment rates are an indication of the increased level of spending and high performance of economic activity. And vice versa.
Release date:
Issued on a monthly basis after 8 days of the end of the month on
Type Indicator:
Indicator of the labor market
Source:
Statistics Canada
The impact of the news:
News of strong capable of moving the market immediately after its release, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the value of the index when it is published less than expected, so that is a negative for the currency.
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