ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ADP Automatic Data Processing Inc

246.34
-0.27 (-0.11%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Automatic Data Processing Inc NASDAQ:ADP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.27 -0.11% 246.34 238.08 246.19 250.30 244.405 249.57 1,224,554 01:00:00

ADP Canada National Employment Report: Employment in Canada Increased by 208,400 Jobs in May 2020

18/06/2020 1:30pm

PR Newswire (Canada)


Automatic Data Processing (NASDAQ:ADP)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Automatic Data Processing Charts.

TORONTO, June 18, 2020 /CNW/ -- Employment in Canada increased by 208,400 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 2020 Report Highlights*

Total Canada Nonfarm Payroll Employment1:   208,400

Industry Snapshot:

- Goods Producing:

  • Manufacturing     -55,300 
  • Construction     80,700   
  • Natural Resources and Mining     -12,100

- Service Providing:

  • Trade/Transportation and Utilities     32,400 
  • Information     15,000
  • Finance/Real Estate     -25,100
  • Professional/Business Services     45,800
         - Professional/Technical     1,000
         - Management of Companies     1,000
         - Administrative and Support     43,700                       
  • Education & Health Care     40,400
         - Educational Services     -14,000
         - Health Care     54,500
  • Leisure and Hospitality     35,200 
  • Other Services2     51,500 

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

"The job market appeared to show early signs of a rebound in May as restrictions eased and many began to return to work," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Industries that led job growth were construction, healthcare and administrative support services while manufacturing and finance continued to show loss as a result of COVID-19."

The April total of jobs added was revised from -226,700 to -2,361,714.

The June 2020 ADP Canada National Employment Report will be released at 8:30a.m.ET on July 16, 2020.

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 the ADP Research Institute 
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

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 © 2020 ADP, LLC.  All rights reserved.

1 Including 14 industries (cf. report methodology)
2 Including public administration

 

(PRNewsfoto/ADP, LLC)

SOURCE ADP, LLC

Copyright 2020 Canada NewsWire

1 Year Automatic Data Processing Chart

1 Year Automatic Data Processing Chart

1 Month Automatic Data Processing Chart

1 Month Automatic Data Processing Chart

Your Recent History

Delayed Upgrade Clock