Statistics Canada data at odds with ADP’s employment information

Automated Data Processing or ADP, a private U.S. based payroll firm, and the Statistics Canada are at odds as ADP states employment data facts and Stat-Can states another. Data have been recorded of the October by the two informational institutions and results clash with the stark contrast.

Statistics Canada 35,000 addition versus ADP’s 5,700 reduction

Statistics Canada has released a 35, 300 addition to employment last October 2017. Statistics Canada backs this information up with a major data source-the Labor Force Survey, which was released onto 56,000 households in Canada.

ADP opposes this fact, however, and states that 5,700 jobs were lost in the same month. The publication of the report was said to be for the benefit of the public, and required no fee charges from clients. 40,000 companies with about 2.2 million employees in Canada-a wider scope of survey from the government-served as the source of the data computations.

The difference between the published data by the ADP and Stat Can was said to root from the difference in approach by the two institutions. Statistics Canada says that ADP uses “completely different concepts and methodology” than the ones used by StatCan’s employment data.

“There are fundamental differences between the ADP report and the labor and employment data regularly produced by Statistics Canada in terms of concepts, level of geography and industry.”

The silver lining to the conflict

Canadian economists conclude that the ADP’s data was welcome but ADP’s prominence would not be of the same effect in the country. ADP’s release of the information was deemed unhelpful as it drove conflict to the government’s grasp on employment data. However, ADP’s opposition to the Canadian government’s employment data could serve StatCan’s credibility among markets and economists, as StatCan’s numbers were said to be more accurate than the data presented by the private U.S payroll firm.