ADP: Employment in Canada increased by 2,900 jobs in May

Eren Sengezer FXStreet

"Employment in Canada increased by 2,900 jobs from April to May," ADP announced in its latest Canada National Employment Report.

Key takeaways from the original publication

Job growth in Canada slowed in the month of May.
While construction and trade were detractors from the overall growth, we saw improved growth in information, education, and leisure and hospitality.
The March total of jobs added was revised down from 30,200 to 15,100.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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