This presentation discuss Canada employment trends for April 2016. The emphasis will look at the growth areas in employment including wholesale/retail sectors as compare to jobs loses in the goods producing sector

1. Employment – Canada –
April 2016
By: Paul Young, CPA, CGA

2. Disclaimer
• This presentation discusses Employment Trends for Canada

3. Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

4. Agenda
• Summary
• Sector Analysis
• Key Quotes

5. Summary/Canada
• There is generally a soft overall tone to the Canadian employment report. The
headline softness was expected because mean-reversion on the prior month’s
strong gain was expected but it was thought to be offset by Census-related hiring
that did not show up.
• Public administration jobs were up by only 6,100 in April despite guidance that
three quarters of the 35,000 hired to run the Census were hired in April. It’s
possible the sampling period didn’t pick them up with hiring having occurred
later in the month. Therefore Census related hiring didn’t really impact the
headline.
• A plus in terms of details was a strong gain in payroll employment. Public sector
payroll employment was up 8,400 and private sector payroll jobs were up 14,400.
A 24,900 drop in self-employment (ie: off company payrolls) was the offset but its
volatility and bigger question marks over the quality of self-reporting often slant
the interpretation more toward payroll employment changes that were positive.

6. Sector / Analysis
Key Comments
• Employment in manufacturing fell by 17,000 in
April. Since December 2015, it has
declined 52,000 (-3.0%), and about half of the
losses occurred in Alberta. However, compared
with April 2015, employment in this industry was
little changed.
• There were 16,000 fewer people working in
business, building, and other support services in
April. In the 12 months to April, the number of
people working in this industry was unchanged.
• In 'other services,' such as private household
services offered by home child care providers,
employment fell by 12,000. Compared
with 12 months earlier, employment in this
industry was little changed.
• Employment in natural resources was
down 7,800 in April, bringing total losses
to 23,000 (-6.4%) on a year-over-year basis.
Compared with its peak in April 2014,
employment in this industry was down 50,000 (-
12.9%), with most of the declines in Alberta.
• In agriculture, employment was down 7,000 in
April, but was little changed from 12 months
earlier.
• Employment increased by 27,000 in wholesale
and retail trade, bringing total gains for the
industry to 47,000 (+1.7%) on a year-over-year
basis.

7. Employment/Quotes
• CBC Quotes “Alberta lost 20,800 jobs in April — more than all the other provinces
combined. "You know that saying, 'when it rains it pours,'" TD economist
Brian DePratto said Friday in an interview. "And certainly Alberta has gone through a
difficult time … this is just more challenge for that province.“ But Alberta's drop was
slightly offset in the national figure by a gain of 13,000 jobs in neighboring British
Columbia. Newfoundland and Labrador added 6,100 jobs, while all other provinces either
gained or lost a small number of jobs.
• Doug Porter BMO “Doug Porter at Bank of Montreal said the pullback was to be expected
after a strong March in which the economy added more than 40,000 jobs, but even so,
the size of the slowdown in manufacturing concerned him. "This nasty two-month
pullback has cut manufacturing employment below year-ago levels, a swift reversal for
this former great hope for the job market," he said. The manufacturing sector has now
lost more than 50,000 jobs since December. That's come in a time when the loonie has
been weak — something which would ordinarily be good news for manufacturers.
• Canadian Manufacturing “Between December and April, the country lost 51,700
manufacturing jobs—with 23,200 of them in Alberta, including 3,000 last month.
Manufacturing work in the Prairie province was down 17.7 per cent compared to the year
before.

8. Other Sources:
• Trade - https://www.youtube.com/watch?v=WN1ec-WCH3E
• Manufacturing Sales -
https://www.youtube.com/watch?v=_yhpKsCvUN8