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

Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near …