Home / Market Update / Employment in Canada down by around 80K Jobs

Employment in Canada down by around 80K Jobs

Employment in Canada declined by 79,500 during the month of October, data showed on Thursday.

Job losses in the trade, transportation, and utilities sectors led the decline, according to ADP.

This is the eighth consecutive month of job losses.

The September reading was revised up to 564,400 lost jobs, up from an initially estimated 240,800.

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …