ADP: employment in Canada decreased by 177,300 jobs in March
by CM Staff
This data comes a day after Statistics Canada painted a grim picture of the Canadian economy
TORONTO — Employment in Canada decreased by 177,300 jobs from February to March, according to the March ADP Canada National Employment Report.
The ADP Canada National Employment Report is produced by the human resource firm’s research branch, the ADP Research Institute. The report, which is derived from payroll data, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis.
March 2020 Report Highlights
Total Canada nonfarm payroll employment: -177,300
Industry Snapshot:
Goods Producing:
- Manufacturing: -15,800
- Construction: -8,400
- Natural Resources and Mining: -3,600
Service Providing:
- Trade/Transportation and Utilities:-55,700
- Information: -800
- Finance/Real Estate: -13,800
- Professional/Business Services: -21,100
- Professional/Technical :-7,900
- Management of Companies: 1,200
- Administrative and Support: -14,500
- Education & Health Care: -14,900
- Educational Services: -26,600
- Health Care: 11,700
- Leisure and Hospitality:-35,800
- Other Services: -7,400
“The effects of COVID-19 are clear, as the labour market experienced relatively strong losses in many sectors across the board,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, in a prepared statement. “Trade, transportation and utilities, leisure and hospitality and professional businesses services were the hardest hit sectors. While the health care sector experienced growth, social distancing has paused non-emergency and non-essential services, which will show its effects over time.”
Related: Preliminary estimate by Statistics Canada suggests economy plunged in March