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ADP Canada National Employment Report: Employment in Canada Decreased by 205,400 Jobs in August 2020

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The MarketWatch News Department was not involved in the creation of this content. TORONTO, Sep....

The MarketWatch News Department was not involved in the creation of this content.

TORONTO, Sep. 17, 2020 (Canada NewsWire via COMTEX) —
Employment in Canada decreased by 205,400 jobs from July to August according to the August ADP(®) Canada National Employment Report. Broadly distributed to the public each month, free of charge, the ADP Canada National Employment Report is produced by the ADP Research Institute(®). The report, which is derived from actual ADP payroll data, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis.

August 2020 Report Highlights*

Total Canada Nonfarm Payroll Employment(1): -205,400

Industry Snapshot:

– Goods Producing:

    --  Manufacturing - 39,000
    --  Construction - 86,200
    --  Natural Resources and Mining - 1,300


– Service Providing:

    --  Trade/Transportation and Utilities - 49,500
    --  Information - 2,500
    --  Finance/Real Estate 3,000
    --  Professional/Business Services - 29,100
        - Professional/Technical - 18,400
        - Management of Companies - 2,800
        - Administrative and Support - 8,000
    --  Education & Health Care - 13,000
        - Educational Services - 6,000
        - Health Care - 7,000
    --  Leisure and Hospitality 6,800
    --  Other Services(2) 5,200


* Sum of components may not equal total, due to rounding.

“In August, the labour market posted a decline in employment with the greatest job losses in construction; trade, transportation and utilities; and manufacturing,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Leisure and hospitality and finance, however, posted job gains for the first time since March 2020.”

The July total of jobs added was revised from 1,149,800 to -523,000.

The September 2020 ADP Canada National Employment Report will be released at 8:30a.m.ET on October 15, 2020.

About the ADP Canada National Employment ReportThe ADP Canada National Employment Report is a monthly measure of the change in total Canada nonfarm payroll employment derived from actual, anonymous payroll data of client companies served by ADP Canada. The report, which measures more than two million workers in Canada, is produced by the ADP Research Institute(®), a specialized group within the company that provides insights around employment trends and workforce strategy.

Each month, the ADP Research Institute issues the ADP Canada National Employment Report as part of the company’s commitment to adding deeper insights into the labour market in Canada and providing businesses, governments and others with a source of credible and valuable information. The ADP Canada National Employment Report is broadly distributed to the public each month, free of charge.

For a description of the underlying data and the statistical model used to create this report, please see “ADP Canada National Employment Report: Development Methodology”.

About the ADP Research Institute The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

About ADP (NASDAQ: ADP)Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com

ADP, the ADP logo, Always Designing for People and the ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.

Copyright � 2020 ADP, Inc. All rights reserved.

(1) Including 14 industries (cf. report methodology)(2) Including public administration

SOURCE ADP, Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2020/17/c0095.html

SOURCE: ADP, Inc.

Keera Hart, Kaiser Lachance Communications, (905)-580-1257,
[email protected]

COMTEX_371437217/2197/2020-09-17T08:30:00

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