Statistics Canada has released its monthly payroll employment, earnings, hours, and job vacancy report for May 2022. Based on the report, the number of employees in Canada receiving pay or benefits from their employer has decreased for the first time since May 2021.
The survey, compiled with data from the Survey of Employment, Payrolls and Hours, shows that as of last May, 26,000 jobs are no longer on payroll. The biggest decreases were seen in Ontario and Manitoba, which reported 30,000 and 2,500 job vacancies, respectively. British Columbia was the only province that reported an increase in payroll employees.
Payroll employees decrease across most sectors
Some of the most significant decreases were seen in the services producing sector which reported a loss of over 17,000 jobs on payroll in areas such as educational services, healthcare, and social assistance.