Canada: ADP National Employment Falls

Employment in Canada decreased by 10,500 jobs from May to June according to the June 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.

Industry Snapshot:

– Goods Producing:

Manufacturing 1,800
Construction -5,600
Natural Resources and Mining 1,300

– Service Providing:

Trade/Transportation and Utilities -7,900
Information -2,400
Finance/Real Estate -4,300
Professional/Business Services 3,200
– Professional/Technical 2,400
– Management of Companies -800
– Administrative and Support 1,600
Education & Health Care 1,600
– Educational Services 3,900
– Health Care -2,300
Leisure and Hospitality 2,300
Other Services2 -500

“We saw a significant dip in job growth in Canada for the month of June,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “This decline likely reflects the impact of regulations on mortgage financing and a slowdown in consumer spending.”

The May total of jobs added was revised up from 2,900 to 27,800.

The July 2018 ADP Canada National Employment Report will be released at 8:30a.m.ET on August 16, 2018.

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