Automatic Data Processing, Inc. (NASDAQ:ADP)
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1 Month : From Jun 2019 to Jul 2019
TORONTO, June 20, 2019 /CNW/ -- Employment in Canada decreased by 16,000 jobs from April to May according to the May 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.
May 2019 Report Highlights*
Total Canada Nonfarm Payroll Employment1: -16,000
- Goods Producing:
- Manufacturing -1,400
- Construction -11,200
- Natural Resources and Mining -1,300
- Service Providing:
- Trade/Transportation and Utilities 2,300
- Information 2,500
- Finance/Real Estate 1,400
- Professional/Business Services 400
- Professional/Technical -800
- Management of Companies -1,400
- Administrative and Support 2,600
- Education & Health Care -1,900
- Educational Services -5,800
- Health Care 3,900
- Leisure and Hospitality -1,100
- Other Services2 -5,700
* Sum of components may not equal total, due to rounding.
"May experienced a sharp decline," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Construction was the primary driver for the weak numbers in May, likely due to the downward trend in housing starts and a slowdown in sales activity. Education also experienced sizable losses, while smaller declines across a number of other industries cancelled out any employment gains."
The April total of jobs added was revised down from 61,700 to 24,000.
The June 2019 ADP Canada National Employment Report will be released at 8:30a.m.ET on July 18, 2019.
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)
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, LLC. All other marks are the property of their respective owners.
Copyright © 2019 ADP, LLC. All rights reserved.
1 Including 14 industries (cf. report methodology)
2 Including public administration
SOURCE ADP, LLC