ADP Canada National Employment Report details losses in multiple economic sectors.
Canada’s economy has lost 16,000 jobs according to the ADP Canada National Employment Report.
Here are the key numbers:
Manufacturing – 1,400 jobs lost
Construction – 11,200 jobs lost
Natural Resources and Mining – 1,300 jobs lost
Trade/Transportation and Utilities – 2,300 gained
Information – 2,500 jobs gained
Financial Activities – 1,400 jobs gained
Professional and Business Services – 400 jobs gained
Education and Healthcare – 1,900 jobs lost
Leisure and Hospitality – 1,100 jobs lost
Other Services – 5,700 jobs lost
This shows a concerning loss of jobs in tangible economic activities, and contrasts with the emerging narrative being pushed by the government and the media that claims the economy is ‘strengthening.’
Canada still faces significant economic struggles, with stagnant growth, a rising cost of living, and a disturbing divergence from US growth, with our neighbour to the south growing much faster than we are.
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