ADP Canada August employment -205K vs +1150K prior

Author: Adam Button | Category: News

Highlights of the August Canadian employment report from ADP

ADP Canada August employment
  • Prior was +1.150m (revised to -523K)
That's not a great sign but this report has a spotty track record. The revision lower in the July number is also dramatic, shedding more than 1.6 million jobs. I find it impossible to believe there has been no rehiring since the pandemic.

The release shows construction and trade/transport/utilities as the main drags.
ADP sector job losses

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