How can it be that StatsCan/Trudeau/CBC et al claim Canada is down just 720K jobs, when the ADP (nothing to gain by lying) reports -7.9M jobs?
Could it be a coincidence that 8M Canadians are on CERB and StatsCan/Trudeau counts them as "employed?
Here's the Excel Spreadsheet from the ADP Research Institute:
https://i.imgur.com/04Dy1xI.png
As you can see, ~8M jobs have been lost off payrolls.
this would be the equivalent of the USA losing 80M jobs and having 47% unemployment.
The spreadsheet is by “total payrolls”. So is that number of direct deposits per month, or total clients? What I’m thinking is that this could be counting someone twice if they get paid twice a month. It still shows a gigantic drop in the number of people working, but is the data specifically showing the number of people, or the number of paycheques the software makes?