Canadian Employment Loses 108,000 Jobs Between January and February 2021

According to the ADP® February 2021 Canada National Employment Report, which is produced by the ADP Research Institute®, employment in Canada decreased by 108,000 jobs from January to February. 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. In remarks prepared for the report’s release, Nela Richardson, chief economist, ADP, said, “The decrease in jobs was led by leisure and hospitality, trade, and construction, while the manufacturing and finance sectors recorded slight job gains. As lockdown restrictions continue to ease across the country, hard hit industries such as leisure and hospitality will begin to see gains in hiring.”