TORONTO, Nov. 19, 2020 /CNW/ -- Employment in Canada decreased by 79,500 jobs from September to October according to the October 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.
October 2020 Report Highlights*
Total Canada Nonfarm Payroll Employment1: -79,500
- Goods Producing:
- Manufacturing -4,300
- Construction -5,800
- Natural Resources and Mining -400
- Service Providing:
- Trade/Transportation and Utilities -31,500
- Information 300
- Finance/Real Estate -3,200
- Professional/Business Services -4,900
-Professional/Technical - 900
-Management of Companies 500
-Administrative and Support - 4,500
- Education & Health Care - 26,800
-Educational Services - 4,100
-Health Care - 22,700
- Leisure and Hospitality - 3,900
- Other Services2 900
* Sum of components may not equal total, due to rounding.
"The labour market posted a decline in October," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Trade, transportation and utilities; construction; and healthcare experienced the biggest job losses."
1 Including 14 industries (cf. report methodology)
2 Including public administration
The September total of jobs added was revised from -240,800 to -564,400.
The November 2020ADP Canada National Employment Report will be released at 8:30a.m.ET on December 17, 2020.
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 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.
SOURCE ADP, Inc.
© Canada Newswire, source Canada Newswire English