Photo Credit: PxHere

Employment in Canada Decreased by 100,800 Jobs in February 2021


Monday, March 22, 2021 10:23:00 AM

Employment in Canada decreased by 100,800 jobs from January to February according to the February 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.

Total Canada Nonfarm Payroll Employment1: -100,800

Industry Snapshot:

- Goods Producing:

-- -- Manufacturing 2,200
-- -- Construction -17,200
-- -- Natural Resources and Mining -800

- Service Providing:

-- -- Trade/Transportation and Utilities -21,300
-- -- Information -3,400
-- -- Finance/Real Estate 800
-- -- Professional/Business Services -8,100
-- -- -- Professional/Technical 4,400
-- -- -- Management of Companies -2,900
-- -- -- Administrative and Support -9,600
-- -- Education & Health Care -6,500
-- -- -- Educational Services 400
-- -- -- Health Care -6,900
-- -- Leisure and Hospitality -35,200
-- -- Other Services2 -11,500

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

"The decrease in jobs was led by leisure and hospitality, trade, and construction, while the manufacturing and finance sectors recorded slight job gains," said Nela Richardson, chief economist, ADP. "As lockdown restrictions continue to ease across the country, hard hit industries such as leisure and hospitality will begin to see gains in hiring."

The January total of jobs added was revised from -231,200 to -65,800.

SOURCE: ADP, Inc.