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AUTOMATIC DATA PROCESSING, INC.

(ADP)
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ADP Canada National Employment Report: Employment in Canada Increased by 39,400 Jobs in August 2021

09/16/2021 | 08:30am EDT

TORONTO, Sept. 16, 2021 /CNW/ -- Employment in Canada increased by 39,400 jobs from July to August according to the August 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.

August 2021 Report Highlights*

Total Canada Nonfarm Payroll Employment1:     39,400

Industry Snapshot:

- Goods Producing:

  • Manufacturing     -4,800
  • Construction     -17,000
  • Natural Resources and Mining     -1,800

- Service Providing:

  • Trade/Transportation and Utilities     45,300
  • Information     1,200
  • Finance/Real Estate     2,900
  • Professional/Business Services     -17,600
         - Professional/Technical     -10,800 
         - Management of Companies     -6,100
         - Administrative and Support     -800
  • Education & Health Care     9,100
         - Educational Services     14,000 
         - Health Care     -4,900
  • Leisure and Hospitality     1,100    
  • Other Services2     21,000    

* Sum of components may not equal total, due to rounding.

"While the August labour market added jobs, the performance was mixed across sectors," said Nela Richardson, chief economist, ADP. "Trade, transportation and utilities made substantial gains; however, professional business services and construction saw job declines."   

The July total of jobs added was revised from 221,300 to -21,600.

The September 2021ADP Canada National Employment Report will be released at 8:30a.m.ET on October 21, 2021.

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 © 2021 ADP, Inc.  All rights reserved.

1 Including 14 industries (cf. report methodology)
2 Including public administration

SOURCE ADP, Inc.

© Canada Newswire, source Canada Newswire English

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Sales 2022 16 020 M - -
Net income 2022 2 799 M - -
Net cash 2022 402 M - -
P/E ratio 2022 32,1x
Yield 2022 1,82%
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Free-Float 66,2%
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Carlos A. Rodriguez President, Chief Executive Officer & Director
Don McGuire Chief Financial Officer & Vice President
John P. Jones Non-Executive Chairman
Donald Weinstein Vice President-Global Product & Technology
Michael Anthony Bonarti Chief Administrative Officer
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