The report, derived from actual anonymized ADP payroll data of more than two million Canadian workers, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis. It will provide in-depth, actionable insights that will help business leaders and policymakers devise more informed strategies to address complex workplace challenges.
According to Ahu Yildirmaz, vice president and co-head of the ADP Research Institute:
“September was a strong month for employment in Canada adding 43,000 new jobs and slightly outpacing August numbers. However, this trend reversed in October with a loss of 5,700 jobs. There have been similar decreases earlier in the year as well and this is in part due to the tightening labour market. The Canadian economy has added more than 250,000 jobs so far this year, which is 25 percent more than the total number of jobs created in all of 2016. As unemployment sinks lower available workers will continue to grow scarce.”
The report also includes a snapshot of employment trends across various goods and service-producing industries. Ongoing, the report will be released the third Thursday of each month and will be broadly distributed to the public each month, free of charge.
Similar reports have also been launched by ADPRI in the U.S., France, and the Netherlands. The US report has been out for more than a decade and has become an essential tool for measuring the monthly change in U.S. nonfarm private employment. It has informed the conversation around the economy, become a critical indicator of U.S. private sector labour market activity and emerged as a reliable predictor of the U.S. government’s jobs report.
