Source Statistics Canada (latest release)
Measures Change in the number of employed people during the previous month;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 8 days after the month ends;
Next Release Dec 5, 2014
FF Notes This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;
Why Traders
Care Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;