Construction, real estate posted largest jobs growth last month

Construction, real estate posted largest jobs growth last month

Construction, real estate posted largest jobs growth last month

The employment landscape in Canada continued to strengthen in February, although some early impact from COVID-19 may have been evident.

New data from ADP Canada shows that 7,200 jobs were added compared to the previous month with the real estate/finance and construction industries revealed as the largest individual net contributors.

But for February, gains were seen across many sectors including manufacturing, professional/business services, and trade/transportation and utilities.

Construction posted the single largest net gain, rising 7,900 from January. Real estate/finance increased by 3,400, the second-largest gain across all industries.

Coronavirus-impacted industries

"The labor market experienced relatively strong gains in trade, transportation and utilities; construction and finance and insurance," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "While the labor market posted solid employment growth, job losses in impacted industries may signal the beginning of the COVID-19 fallout."

The sectors with the largest net losses in February include information (down 3,700), natural resources and mining (down 2,500), and education and healthcare (down 1,800).

The total for the leisure and hospitality sector was a net zero.

The January total of jobs added was revised up from 25,100 to 37,200.