Employment in Canada decreased by over 200K jobs in August: report
by CM Staff
The report measures the change in total nonfarm payroll employment each month
ADP Research Institute
TORONTO — Employment in Canada decreased by 205,400 jobs from July to August according to the August ADP Canada National Employment Report.
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.
Total Canada Nonfarm Payroll Employment1: -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 Services2 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, in a prepared statement. “Leisure and hospitality and finance, however, posted job gains for the first time since March 2020.”
