Canada lost 10,500 jobs last month inc. construction, real estate

by Steve Randall20 Jul 2018

There were 10,500 fewer jobs in Canada in June compared to May according to new figures from ADP.

Using actual payroll data, the monthly ADP report tracks changes in non-farm employment across major sector groups on a seasonally adjusted basis. May’s total of jobs added was revised up from 2,900 to 27,800.

Construction jobs were one of the largest losers, down 5,600, offsetting gains for the other goods producing industries including manufacturing and natural resources & mining.

Real estate and finance jobs lost 4,300 roles, the second-largest decline in the services sector behind trade/transportation and utilities (7,900).

"We saw a significant dip in job growth in Canada for the month of June," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "This decline likely reflects the impact of regulations on mortgage financing and a slowdown in consumer spending."

The May total of jobs added was revised up from 2,900 to 27,800.

Employment insurance claimants static
In other employment-related data, Statistics Canada reported this week that 454,100 people received regular Employment Insurance in May, virtually unchanged from April.

Declines in Alberta, New Brunswick, Prince Edward Island, British Columbia, Saskatchewan, and Newfoundland and Labrador were offset by increases in Quebec and Ontario.


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