TORONTO, July 19, 2018 /CNW/ -- 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.
June 2018 Report Highlights
Total Canada Nonfarm Payroll Employment1: -10,500
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
1 Including 14 industries (cf. report methodology)
2 Including public administration
"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.
About the ADP Canada National Employment Report
The 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 ADP (NASDAQ: ADP)
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For more information about ADP Canada, visit ADP.ca.
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SOURCE ADP, LLC
Janine Allen, Kaiser Lachance Communications, (416) 271-7002, [email protected], http://www.adp.ca
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